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Oil price calculation


adil

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Does anyone know how to calculate this oil price with petrol price in UAE?

  • Jan 65$-51$
  • Feb 51$-44$
  • Mar 44$-22$

but we have UAE only 0.12 fils = 0.03$ reduction.

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All I can tell you is those intl crude prices is for barrel = 159 liter = USD 22/159 = USD 0.14/liter = AED 0.5/liter

Rest all for processing, refining, storage, logistic, retail etc, which in this new COVID era might be very expensive.

We are really lucky to have essential supplies including food, water and fuel at regular prices at this time. Even the most advance countries aren't able to control the price hike and availability of such essentials.

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Let's root for each other & watch each other grow.

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"Go as far as you can see; once you get there, you'll be able to see further."

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  • 4 weeks later...

I love to see what happen to next month fuel rate in UAE as global oil market ashs collapsed now l crazy. heard US oil is in negative and other at 12 dollars

  • Jan 65$-51$
  • Feb 51$-44$
  • Mar 44$-22$
  • Apr 22$ - 7$

Lets gues special 95 petrol will be under 1 dh or over 1 dh in may?

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