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Time of India
4 days ago
- Business
- Time of India
UAE fuel prices July 2025: Will falling global oil cut petrol and diesel rates?
Falling Brent crude prices near $69 a barrel and easing Middle East tensions are raising expectations of lower petrol and diesel rates in the UAE for July 2025/ (Representational Image) The United Arab Emirates is expected to announce retail fuel prices for July 2025 by June 30, as part of its monthly pricing update. Since deregulating fuel prices in 2015, the UAE has tied domestic petrol and diesel costs to international oil market trends. These monthly revisions are closely watched by residents, as they directly affect commuting costs and household budgets. In June 2025, prices held steady compared to May, with a slight drop in diesel: Super 98 petrol: Dh2.58 per litre Special 95 petrol: Dh2.47 per litre E-Plus 91 petrol: Dh2.39 per litre Diesel: Dh2.45 per litre (down from Dh2.52 in May) The highest fuel prices this year were recorded in February, while April marked the lowest. Global oil prices have declined sharply, prompting speculation that UAE fuel prices could follow suit in July. Brent crude, the international benchmark, is currently trading near $69 per barrel, down more than 7% this week alone. This drop comes despite a recent flare-up between Israel and Iran that briefly pushed prices higher. However, both nations appear to be de-escalating the situation. The critical Strait of Hormuz, through which a significant portion of global oil supply passes, remains open and unaffected. Tamas Varga, an analyst at PVM Oil Associates, noted: 'The geopolitical risk premium built up since the first Israeli strike on Iran has entirely vanished.' Analysts say that markets are now shifting focus from geopolitical risks to fundamentals like supply and demand. There is a growing expectation of an oil surplus in the second half of 2025, driven by softening global demand and increasing production. OPEC+, the oil-producing alliance that includes the UAE and Saudi Arabia, is scheduled to meet on July 6. According to Robert Rennie of Westpac, the group may agree to increase production by another 400,000 barrels per day starting in August. Rennie added: 'As global production rises and demand wanes, we will see prices probing the $60–$65 range.' Such dynamics may reinforce the current downward pressure on global oil prices. If the global oil trend continues, UAE motorists may see lower fuel prices in July. While local petrol rates also reflect refining and distribution costs, the country's pricing system remains strongly tied to Brent crude movements. That said, any potential relief at the pump could still be influenced by: The outcome of the July 6 OPEC+ meeting The stability of the Israel-Iran situation Broader global economic demand trends The official July prices will be announced by Emarat, the UAE's federal petroleum company, on the final day of June. Until then, residents are advised to stay informed as international developments continue to influence the outlook for local fuel costs.


Time Out Dubai
01-05-2025
- Automotive
- Time Out Dubai
UAE petrol prices revealed for May 2025: What Dubai motorists will pay
The UAE petrol prices for May 2025 have been announced and will now come into effect. Drivers in Dubai and the rest of the United Arab Emirates will pay slightly more for petroleum but less for diesel than last month. UAE fuel prices had increased during February following a price freeze in December and January. But now from Thursday May 1, the per litre rate will increase for petrol but drop for diesel. You can see a full breakdown below: UAE petrol prices May 2025 Super 98: Will now be Dhs2.58 per litre, compared to Dhs2.57 per litre last month Will now be Dhs2.58 per litre, compared to Dhs2.57 per litre last month Special 95: Will now be Dhs2.47 per litre, compared to Dhs2.46 per litre last month Will now be Dhs2.47 per litre, compared to Dhs2.46 per litre last month E-Plus 91: Will now be Dhs2.39 per litre, compared to Dhs2.38 per litre last month Will now be Dhs2.39 per litre, compared to Dhs2.38 per litre last month Diesel: Will now be Dhs2.52 per litre, compared to Dhs2.63 per litre last month UAE petrol prices are announced on the final day of every month by the United Arab Emirates federal government via its petroleum firm Emarat. In December, the price of petrol and diesel in the UAE reached its lowest point of 2024 and 2025 started things off with the exact same rates. You can see how petrol prices have fluctuated throughout the past year below. UAE petrol prices 2025 April 2025 Super 98: Dhs2.57 per litre Dhs2.57 per litre Special 95: Dhs2.46 per litre Dhs2.46 per litre E-Plus: 91: Dhs2.38 per litre Dhs2.38 per litre Diesel: Dhs2.63 per litre March 2025 E-plus 91: Dhs2.51 per litre Dhs2.51 per litre Diesel: Dhs2.77 per litre Dhs2.77 per litre Special 95: Dhs2.61 per litre Dhs2.61 per litre Super 98: Dhs2.73 per litre February 2025 Super 98: Dhs2.74 per litre Dhs2.74 per litre Special 95: Dhs2.63 per litre Dhs2.63 per litre E-Plus 91: Dhs2.55 per litre Dhs2.55 per litre Diesel: Dhs2.82 per litre January 2025 Super 98: Dhs2.61 per litre Dhs2.61 per litre Special 95: Dhs2.50 per litre Dhs2.50 per litre E-Plus: 91: Dh2.43 per litre Dh2.43 per litre Diesel: Dhs2.68 per litre UAE petroleum prices change every month (Credit: Canva) UAE petrol prices 2024 December 2024 Super 98: Dhs2.61 per litre Dhs2.61 per litre Special 95: Dhs2.50 per litre Dhs2.50 per litre E-Plus: 91: Dh2.43 per litre Dh2.43 per litre Diesel: Dhs2.68 per litre November 2024 Super 98: Dhs2.74 per litre Dhs2.74 per litre Special 95: Dhs2.54 per litre Dhs2.54 per litre E-Plus 91: Dhs2.55 per litre Dhs2.55 per litre Diesel: Dhs2.67 per litre Super 98: Dhs2.66 per litre Dhs2.66 per litre Special 95: Dhs2.54 per litre Dhs2.54 per litre E-Plus 91: Dhs2.47 per litre Dhs2.47 per litre Diesel: Dhs2.6 per litre (Credit: Adobe Express) Super 98: Dhs2.90 per litre Dhs2.90 per litre Special 95: Dhs2.78 per litre Dhs2.78 per litre E-Plus 91: Dhs2.71 per litre Dhs2.71 per litre Diesel: Dhs2.78 per litre Super 98: Dhs3.05 per litre Dhs3.05 per litre Special 95: Dhs2.93 per litre Dhs2.93 per litre E-Plus 91: Dhs2.86 per litre Dhs2.86 per litre Diesel: Dhs2.95 per litre Super 98 petrol: Dhs2.99 per litre Dhs2.99 per litre Special 95 petrol: Dhs2.88 per litre Dhs2.88 per litre E-plus 91petrol: Dhs2.80 per litre Dhs2.80 per litre Diesel: Dhs2.89 per litre UAE petroleum prices will change next month (Credit: Supplied) Super 98 petrol: Dhs3.03 per litre Dhs3.03 per litre Special 95 petrol: Dhs2.92 per litre Dhs2.92 per litre E-plus 91petrol: Dhs2.85 per litre Dhs2.85 per litre Diesel: Dhs3.16 per litre Super 98 petrol: Dhs2.88 per litre Dhs2.88 per litre Special 95 petrol: Dhs2.76 per litre per litre Dhs2.76 per litre per litre E-plus 91petrol: Dhs2.69 per litre Dhs2.69 per litre Diesel: Dhs2.99 per litre Super 98 petrol: Dh2.82 per litre Dh2.82 per litre Special 95 petrol: Dhs2.71 per litre Dhs2.71 per litre E-plus 91petrol: Dhs2.64 per litre Dhs2.64 per litre Diesel: Dhs3.00 per litre Fuel prices in the country were liberalised in 2015, with local rates being aligned with global oil prices. For the past 10 years, the fuel price committee has met on a monthly basis to announce revised rates. The government hopes the measure will encourage more residents to use public transport while also incentivising the use of alternative fuels. Dubai nostalgia 8 pictures of what Global Village used to look like from the 90s car park to today The history of Dubai's favorite family day out 19 pictures showing what DXB Airport used to look like From 200 passengers a day to Emirates launch 20 pictures that show how much Dubai has changed from the 1950s to today. Take a look at these unrecognizable photos of the city


Time Out Abu Dhabi
30-04-2025
- Automotive
- Time Out Abu Dhabi
These are the official UAE petrol prices for May 2025
The UAE petrol prices for May 2025 have been announced. Drivers in Abu Dhabi and the rest of the United Arab Emirates will pay slightly more for petroleum but less for diesel than last month. UAE fuel prices had increased during February following a price freeze in December and January. But now from Thursday May 1, the per litre rate will increase for petrol but drop for diesel. You can see a full breakdown below: UAE petrol prices May 2025 Super 98: Will now be Dhs2.58 per litre, compared to Dhs2.57 per litre last month Will now be Dhs2.58 per litre, compared to Dhs2.57 per litre last month Special 95: Will now be Dhs2.47 per litre, compared to Dhs2.46 per litre last month Will now be Dhs2.47 per litre, compared to Dhs2.46 per litre last month Diesel: Will now be Dhs2.52 per litre, compared to Dhs2.63 per litre last month UAE petrol prices May revealed (Credit: UAE BARQ) UAE petrol prices are announced on the final day of every month by the United Arab Emirates federal government via its petroleum firm Emarat. In December, the price of petrol and diesel in the UAE reached its lowest point of 2024 and 2025 started things off with the exact same rates. You can see how petrol prices have fluctuated throughout the past year below. UAE petrol prices 2025 April 2025 Super 98: Dhs2.57 per litre Dhs2.57 per litre Special 95: Dhs2.46 per litre Dhs2.46 per litre E-Plus: 91: Dhs2.38 per litre Dhs2.38 per litre Diesel: Dhs2.63 per litre March 2025 E-plus 91: Dhs2.51 per litre Dhs2.51 per litre Diesel: Dhs2.77 per litre Dhs2.77 per litre Special 95: Dhs2.61 per litre Dhs2.61 per litre Super 98: Dhs2.73 per litre February 2025 Super 98: Dhs2.74 per litre Dhs2.74 per litre Special 95: Dhs2.63 per litre Dhs2.63 per litre E-Plus 91: Dhs2.55 per litre Dhs2.55 per litre Diesel: Dhs2.82 per litre January 2025 Super 98: Dhs2.61 per litre Dhs2.61 per litre Special 95: Dhs2.50 per litre Dhs2.50 per litre E-Plus: 91: Dh2.43 per litre Dh2.43 per litre Diesel: Dhs2.68 per litre UAE petroleum prices change every month (Credit: Canva) UAE petrol prices 2024 December 2024 Super 98: Dhs2.61 per litre Dhs2.61 per litre Special 95: Dhs2.50 per litre Dhs2.50 per litre E-Plus: 91: Dh2.43 per litre Dh2.43 per litre Diesel: Dhs2.68 per litre November 2024 Super 98: Dhs2.74 per litre Dhs2.74 per litre Special 95: Dhs2.54 per litre Dhs2.54 per litre E-Plus 91: Dhs2.55 per litre Dhs2.55 per litre Diesel: Dhs2.67 per litre Super 98: Dhs2.66 per litre Dhs2.66 per litre Special 95: Dhs2.54 per litre Dhs2.54 per litre E-Plus 91: Dhs2.47 per litre Dhs2.47 per litre Diesel: Dhs2.6 per litre (Credit: Adobe Express) Super 98: Dhs2.90 per litre Dhs2.90 per litre Special 95: Dhs2.78 per litre Dhs2.78 per litre E-Plus 91: Dhs2.71 per litre Dhs2.71 per litre Diesel: Dhs2.78 per litre Super 98: Dhs3.05 per litre Dhs3.05 per litre Special 95: Dhs2.93 per litre Dhs2.93 per litre E-Plus 91: Dhs2.86 per litre Dhs2.86 per litre Diesel: Dhs2.95 per litre Super 98 petrol: Dhs2.99 per litre Dhs2.99 per litre Special 95 petrol: Dhs2.88 per litre Dhs2.88 per litre E-plus 91petrol: Dhs2.80 per litre Dhs2.80 per litre Diesel: Dhs2.89 per litre UAE petroleum prices will change next month (Credit: Supplied) Super 98 petrol: Dhs3.03 per litre Dhs3.03 per litre Special 95 petrol: Dhs2.92 per litre Dhs2.92 per litre E-plus 91petrol: Dhs2.85 per litre Dhs2.85 per litre Diesel: Dhs3.16 per litre Super 98 petrol: Dhs2.88 per litre Dhs2.88 per litre Special 95 petrol: Dhs2.76 per litre per litre Dhs2.76 per litre per litre E-plus 91petrol: Dhs2.69 per litre Dhs2.69 per litre Diesel: Dhs2.99 per litre Super 98 petrol: Dh2.82 per litre Dh2.82 per litre Special 95 petrol: Dhs2.71 per litre Dhs2.71 per litre E-plus 91petrol: Dhs2.64 per litre Dhs2.64 per litre Diesel: Dhs3.00 per litre Fuel prices in the country were liberalised in 2015, with local rates being aligned with global oil prices. For the past 10 years, the fuel price committee has met on a monthly basis to announce revised rates. The government hopes the measure will encourage more residents to use public transport while also incentivising the use of alternative fuels. More going on in Abu Dhabi UAE residents can now save big time on flights thanks to a new Skyscanner feature No complaints here You can now get a robotaxi from Zayed International Airport Trips to the airport just got an upgrade Abu Dhabi's best restaurants: Everywhere you should eat at least once Your dinner inspo is sorted 20 incredibly fun ways to explore Abu Dhabi after dark The city is at its most fascinating once the sun goes down


Arabian Business
31-03-2025
- Automotive
- Arabian Business
UAE petrol prices to drop sharply in April 2025
The UAE has announced petrol prices for April 2025, with a sharp drop revealed across all categories. It is welcome news for customers, following a slight fall in March, and means it is cheaper to fill up on Super 98, Special 95, E-Plus 91 and diesel than at any point in the past three years. A reduction in price takes the price of E-Plus to just AED2.38 a litre and comes after 12 months of fluctuating prices. UAE petrol price April 2025 From April 1, the cost of filling up vehicles in the UAE will be: E-Plus: AED2.38 a litre from AED2.54 in March Special 95: AED2.46 a litre from AED2.61 in March Super 98: AED2.57 a litre from AED2.73 in March Diesel: AED2.63 a litre from AED2.77 in March In April 2024, E-Plus 91 was priced at AED2.96 a litre, while diesel was set at AED3.09 a litre. On current prices, E-Plus 91 is cheaper (at AED2.38 a litre) than at this time last year. Special 95 and Super 98 are also cheaper now than a year ago, falling from AED3.03 to AED2.46 a litre and AED3.15 to 2.57 a litre respectively. In response to the COVID-19 pandemic in 2020, the Fuel Price Committee froze petrol prices in the UAE, preventing any changes. However, in March 2021, as global oil prices began to rise, the controls were lifted to allow market forces to determine petrol prices once again. Moreover, the fluctuation in petrol prices is also influenced by changes in crude oil prices worldwide. UAE fuel prices Prices in AED per litre E-Plus 91 Special 95 Super 98 Diesel April 2025 2.38 2.46 2.57 2.63 March 2025 2.54 2.61 2.73 2.77 February 2025 2.55 2.63 2.74 2.82 January 2025 2.43 2.50 2.61 2.68 December 2024 2.43 2.50 2.61 2.68 November 2024 2.55 2.63 2.74 2.67 October 2024 2.47 2.54 2.66 2.60 September 2024 2.71 2.78 2.90 2.78 August 2024 2.86 2.93 3.05 2.95 July 2024 2.80 2.88 2.99 2.89 June 2024 2.95 3.02 3.14 2.88 May 2024 3.15 3.22 3.34 3.07 April 2024 2.96 3.03 3.15 3.09 March 2024 2.85 2.92 3.03 3.16 February 2024 2.69 2.76 2.88 2.99 January 2024 2.64 2.71 2.82 3


Gulf Business
31-03-2025
- Automotive
- Gulf Business
UAE announces fuel prices for April 2025
Image: Getty Images/ For illustrative purposes The UAE has announced lower fuel prices for April, continuing the downward trend seen in March after a price hike in February. The revised rates, effective from April 1, are as follows: Super 98 petrol will cost Dh2.57 per litre, down from Dh2.73 in Special 95 petrol will be priced at Dh2.46 per litre, compared to Dh2.61 last month. E-Plus 91 petrol will cost Dh2.38 per litre, down from Dh2.54 in March. Diesel will be charged at Dh2.63 per litre, compared to Dh2.77 previously. The UAE adjusts