UAE – Mubasher: The UAE's Fuel Price Follow-up Committee decided to lower gasoline and diesel prices, which include a 5% value-added tax (VAT), starting from March 2020.

Next month, the per-litre prices of gasoline E-Plus 91 and Special 95 will be AED 1.97 and AED 2.04, respectively, while Super 98 will be priced at AED 2.16.

Meanwhile, the price of diesel will decline to AED 2.25 per litre in March, down from AED 2.40 as of February, the Follow-up Committee announced on Thursday.

It is noteworthy to mention that in 2015, the UAE government decided to liberate fuel prices.