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UAE: Why petrol prices are likely to drop in May 2025
As a result of the US tariff dispute and fears of a global economic downturn, petrol prices in the UAE are set to decrease in May 2025 after considerably dropping in April 2025. In early April, the Brent price fell to $62.8 per barrel and stayed
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UAE petrol prices: Will fuel rates drop in April?
Monthly price of $70.93 in March was just below February's price of $75. The supply of new petrol prices in the UAE for the coming month, is expected to be lowered. Every month, announcement of new rates is made by the UAE
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Petrol prices in UAE: Will fuel rates drop in March?
It is anticipated that petrol prices will decrease in March 2025 due to lower global oil prices throughout February. The Organisation of the Petroleum Exporting Countries together with its partners (Opec+) announced their intention to
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Petrol prices in UAE: Are fuel rates going to rise further?
Fuel prices in the UAE rose on February 1 after two months with stable rates prompting analysis over potential additional increases in future months
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UAE Fuel Prices for October 2024 Announced
On November 3, 2024, the Fuel Price Follow up Committee issued an official statement regarding approved fuel pricing in the UAE. This announcement
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UAE fuel prices for September: Petrol rates drop?
UAE drivers, particularly those who are budget-conscious and often cover long distances, closely monitor the monthly fluctuations in petrol prices.
Read MoreWill the UAE announce fuel prices for August, potentially resulting in an increase in petrol rates?
Petrol prices in the UAE may increase in August due to higher average global rates in July compared to the previous month. Worldwide, the average price of oil in July was approximately $84 per barrel, up from $82.6 per barrel in the prior
Read MoreUAE’s Fuel Prices Will Slightly Decrease This May
Following the 16% hike of petrol prices in April due to global oil prices surging more than USD100/ barrel, fuel prices in the UAE will decrease slightly in May. Last month’s (April) fuel price increase shocked the community since it had
Read MoreSaudi Arabia vows to help South Korea if oil supply disrupted
South Korean President Moon Jae-in has met with visiting Mohammad bin Salman, Crown Prince of Saudi Arabia, who promised to help with possible fuel shortages in case of supply disruption caused by tensions in the Middle East. Saudi Arabia is
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