- City Fajr Shuruq Duhr Asr Magrib Isha
- Dubai 04:33 05:50 12:21 15:48 18:46 20:03
Three would stand trial on May 31 on charges of stealing fuel from a government department vehicle. (Shutterstock)
The recent cut in diesel costs is not uniform across the UAE. A litre of diesel costs only Dh2.35 in Al Ain and Abu Dhabi, while motorists in Dubai pay Dh3.40 a litre.
It may be noted that Adnoc recently slashed the price of a litre of diesel to Dh3.10, while Enoc/Eppco brought the price down to just Dh3.40 a litre.
Therefore, consumers pay Dh1.05 more at some outlets.
A manager at one of the Enoc stations in Dubai said: "Our diesel price per litre is Dh3.40. The price difference has not affected our sales. There are no Adnoc stations in Dubai and our sales are going up.”
Another Emarat site manager said the diesel sold through its outlets in Dubai and Sharjah is at Dh3.40 per litre. Adnoc takeover formalities will take some more time and until then we will be selling at our current market price.”
Fuel marketing companies in the UAE have been under tremendous pressure after the international oil price skyrocketed and the companies which buys fuel at the global market rate had to incur heavy losses.
Adnoc has been having a competitive advantage because the fuel marketing company has been getting subsidied fuel supply from Abu Dhabi. “Whenever I make a trip to Abu Dhabi or Al Ain, I fill my tank on return. I can make some saving in fuel cost,” said a Pakistani truck driver.
"I can see drivers take advantage of the price difference. There will be long queues at Adnoc stations. This will increase illegal diesel traders, too," he added.
Meanwhile, Sharjah residents are unhappy with the closure of some Enoc/Eppco stations. “Initially, when the Sharjah outlets were closed, I used to fill diesel from Dubai because Adnoc and Emarat stations in Sharjah are always crowded. Sometimes you cannot enter the petrol stations because of the long queues. Now with the current difference in prices, the queues have increased further. But there is a ceiling on sales," said Abraham, an Indian truck driver, operating in Sharjah.
On Tuesday morning, brent crude was priced at $96.05 per gallon and the declining price trend is expected to continue.
Follow Emirates 24|7 on Google News.