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19 April 2024

Business as usual after petrol price hike

Brent crude futures rose on Tuesday as unrest in Yemen and a weaker dollar helped lift prices despite worries of a supply glut. (File)

Published
By VM Sathish

It was business as usual at fuel stations across the UAE on Sunday morning, the first working day after the introduction of the new petrol and diesel pricing, effective from August 1, 2015.

Various fuel stations witnessed an expected increase in customers on Friday, a holiday for many residents.

"There was a rush from 7pm onwards on Friday because most customers were aware of the price increase from midnight," said the manager of an Enoc/Eppco fuel station in Dubai.

"Drivers saved Dh10 to Dh40 by topping up their tanks before the price was revised," he added.

Nevertheless, the price-revision was seamless as it was introduced through the centralised automated system and all the station managers had been specially called in to be present to manage the process.

"The transition was smooth and there was no hitch. When we stopped dispensing fuel 15 minutes prior to the price change, some customers in a hurry left the scene. Those with nearly empty tanks stayed back and filled even after the price increase," said an Adnoc station attendant.

"The price-change went off smoothly,” said the supervisor at another site in Dubai.

"The only other occasions when all the station managers were called in for duty (at midnight) was when the fuel measurement was switched from gallon to litre, and when the self-service system was abandoned," he noted.

In some sites where the dispensing systems are still physically operated, technicians had to go and physically change the price in each dispensing unit.