Middle East Economic Survey

VOL. LI

No 21

26-May-2008

UAE

Dubai Diesel Prices Raised Again After One Week

Emirates National Oil Company (ENOC), Emirates General Petroleum Corporation (Emarat) and Emirates Petroleum Products Company (EPPCO) on 18 and 19 May raised the price of diesel by Dh1.70 to Dh17.00 ($4.63) per gallon. The rise came one week after prices had been increased to Dh15.80 per gallon (MEES, 19 May). While fuel retailers in Dubai pass on to their customers the rises in the price of...