Prices reduced to AED 3.05 per litre
Abu Dhabi National Oil Company (ADNOC) Distribution has reduced the price of diesel across all of its service stations in the Northern Emirates, according to the state news agency.
The price of diesel has been brought down to AED 3.05 per litre from the earlier rate of AED 3.45, a reduction of 40 fils. The change is effective from November 4, 2014, across all ADNOC stations in Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah.
“The reduction in diesel price reflects the ongoing changes in the global price of oil. We have also taken into account the demand of the local market as part of our priority to serve the interests of our consumers better,” said Khalid Hadi, Vice President Marketing and Corporate Communications at ADNOC Distribution.
“ADNOC Distribution’s decision to effect the price change will also contribute to strengthening the competitiveness of the business sector in the country, specifically in the northern regions.” Hadi added.