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Fuel Market Trend: Exploring The UAE Fuel Trading Market

The UAE fuel station market is expected to register a CAGR of 2.3 per cent during the forecast period (2022 to 2027). Product production is predicted to increase to 1165.2 thousand barrels per day by 2027 and 2021, up from 949.4 thousand barrels per day. 

Despite the forecast period, the UAE fuel station market remains resilient. Factors such as increased acceptance in the concept of compact fuel station, greater investment in the downstream sector by multinational and governments firms, and expansion of existing fuel station infrastructure are likely to drive the market. While the rising demand for electric vehicles in the country may pose a challenge, the market is adapting to changing rigorous rules and gasoline prices imposed by the fuel station industry. 

Since most residential and commercial areas in the country depend on diesel generators for power, the Covid-19 pandemic negatively influenced the usage of refined petroleum products such as diesel. 

Fuel Prices in UAE 2024

According to the diesel fuel supplier in UAE, the fuel can be categorized as:

Per Litre prices
E-Plus 91
Diesel
April 2024
2.96
3.08
March 2024
2.84
3.15
February
2.68
2.98
January 2024
2.63
3

The number indicates the research octane number or fuel octane rating. The octane rating measures the fuel’s performance. The higher the fuel’s compression can sustain before burning, the higher the octane number.

High-performance engines utilize higher compression ratios and higher-octane fuels. These engines can be found in both luxury and sports vehicles. 

Drivers should consult the car owner’s manual to choose the proper type of fuel for their vehicles. Using high-quality gasoline recommended by the manufacturer does not have any benefits.

Factors That Affect the Fuel Price in the UAE

Crude oil is refined into products such as diesel and gasoline. The UAE discontinued fuel subsidies in 2015. According to the record, approximately $7 billion was spent each year to keep diesel and gasoline prices low.

UAE Fuel Market Trends

The country’s car fleet has grown dramatically over the last decade, which is expected to raise the demand for fuel stations in the coming years. According to the International Organization of Automotive Manufacturers, total vehicle sales in the country reached 90,632 units in H1 2021; however, in H1 2020, there was a 12% increase from 80,838.

ENOC group tested its first tiny gasoline station idea in 2018 in Dubai. The pilot station is intended for residents of residential developments and is equipped with an above-tank vending machine and fuel dispenser. 

Historical Fuel Rates In UAE

DATE
Super 98
Eplus 91
Special 95
Diesel
January 2023
2.77
2.68
2.58
3.39
December 2022
3.29
3.17
3.10
3.75
November 2022
3.31
3.29
3.12
4.00
October 2022
3.02
2.91
2.85
3.75

Simple Ways to Increase Diesel Fuel Mileage

Let’s share some easy ways diesel trading companies in UAE explain a few tips and tricks to improve diesel fuel mileage.

Use Shore Power When Possible: This is also called tuckshop electrification because it allows vehicle runners to plug in instead of idling; it helps to cool the engine while it is stopped.  Shower power will save over $3,239 for car owners each year!

Turning Off the Engine: Extra warm-up times can deplete diesel fuel, so avoid idling to save gasoline. 

Avoid Extra Engine Revving: slowly, rather than quickly, shift into the next gear. It does have an extreme effect on saving fuel. 

Reduce Your Highway Average Speed: This denies the notion of getting there quicker, yet per hour, every mile 55 reduces your fuel economy by 0.1 miles per gallon. 

Avoid Pressuring the Gas Pedal: Try using constant and smooth gasoline acceleration to avoid fuel burn spikes.

Use Your Cruise Control: Use cruise control to maintain a constant speed on your vehicles. This helps you avoid using the throttle to climb slopes. 

Air Conditioner Usage: Use your A/C systems as little as possible. Running the air uses fuel, so we recommend avoiding using it, if possible, to save your hard-earned money.

Looking For a Fuel Trading Service?

We understand your need for commercial fueling. As one of the leading diesel trading companies in Dubai, AL Faraji Diesel Trading tries to offer first-rate products and services at reasonable prices to our lovely customers. 

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