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Petrol prices in the UAE have increased for the third month in a row because global oil prices went up sharply, rising by almost 50% between February and May. The UAE has announced new fuel prices for June 2026. These prices take effect from June 1, 2026. Petrol prices in the UAE have gone up […]

Petrol prices have increased for the last three months because oil prices around the world have gone up. Between February and May, global oil prices rose by nearly 50%. The UAE fuel prices committee is expected to announce the petrol prices for June later this week based on changes in the global oil market. Petrol

Dubai: The UAE Fuel Price Committee has announced the retail fuel prices for May 2026. Under the revised rates, Super 98 petrol will now cost Dh3.66 per litre, up from Dh3.39 in April. Special 95 petrol has increased to Dh3.55 per litre, compared to Dh3.28 last month. Meanwhile, E-Plus petrol is priced at Dh3.48 per

In the global lubricants and fuel market, pricing doesn’t just drop overnight—it follows trends in crude oil performance, supply flow, and market pressure. After a sharp spike in March, the market is now showing signs of stability, not a full correction. Crude Oil Performance Snapshot After touching $110–$120 in March, oil has settled into the

Have you ever wondered what keeps industrial air compressors running smoothly without breaking down? The secret is compressor oil! This special oil is made to reduce friction, wear, and heat inside compressors, even under high pressure. Using the right compressor oil helps the machine work better, last longer, and stay efficient.  Fully synthetic oils give

Electric vehicle (EV) adoption is entering a new stage, driven by stronger progress in key supporting factors. In the passenger transport sector, EVs have clearly become the leading technology, shifting from niche markets into the mainstream. Adoption levels still vary across regions, but globally, more than one in four new cars now comes with a

Member countries of the International Energy Agency (IEA) have started releasing strategic oil reserves to stabilize the global energy market. In total, around 426 million barrels—mostly crude oil—are being made available, according to the agency’s March 19, 2026 statement. For the lubricant industry, this move is critical. Since base oils are derived from crude, any

What’s driving the next wave of growth in the lubricant industry? The answer goes beyond more vehicles or factories. It is Asia’s fast-moving industrial and economic expansion. Across the region, manufacturing is scaling up, vehicle ownership is rising, and infrastructure projects are increasing at a steady pace. Countries like China, India, and several Southeast Asian

The continued oversupply of oil, falling crude prices, and the fast global shift toward cleaner energy are creating challenges for Middle Eastern oil-exporting economies. These changes are also influencing the broader lubricant industry, particularly in terms of feedstock costs, pricing strategies, and market stability. According to industry estimates, the global oil market is expected to