Dubai cuts diesel retail price
Abu Dhabi, October 27, 2008
Dubai oil retailers Emirates National Oil Company (Enoc), Emirates Petroleum Products Company (Eppco) and Emarat, have reduced the price of diesel by 70 a gallon, in line with the dip in global oil prices, a report said.
'The price of diesel is now Dh14.55 a gallon, down from Dh15.25 a gallon,' an attendant at an Emarat filling station was quoted as saying in the Gulf News report.
This is the ninth straight price reduction since July 28 when diesel price was Dh19.25 a gallon on that date. Prices started falling steadily since then.