VOL. XLIV

No. 14

2-APRIL-2001

UAE

UAE Raises Domestic Gasoline Prices

The UAE raised domestic gasoline prices effective 26 March to help compensate local distributors for losses caused by the increase in crude oil prices. In a statement, the UAE Minister of Petroleum and Mineral Resources, 'Ubaid bin Saif al-Nasiri, said that the price of premium gasoline would rise from Dh3.95/imperial gallon (87 fils/liter) to Dh4.00/gallon (88 fils/liter), and that of regular gasoline from Dh3.65/gallon (80...