Dubai: Motorists across the UAE are experiencing a sharp spike in fuel prices this April, as global energy costs continue to climb. Prices have increased significantly month-on-month, with rises ranging from around 31% to over 70%. Effective April 1, updated fuel rates are: In real terms, petrol prices have jumped by nearly 80 fils per […]
UAE Announces Petrol and Diesel Prices for April 2026 Read More »
The global energy landscape is facing another major disruption. Ongoing conflict in the Middle East is not only impacting regional stability but also creating ripple effects across global supply chains, directly influencing the lubricant industry and related sectors. Markets that had just begun recovering from previous economic shocks are now dealing with renewed uncertainty. This
Economic & Market Instability in the Gulf Read More »
Imagine planning your lubricant production schedule, only to realize that the energy fueling your refineries is suddenly in short supply. That’s exactly the challenge industries around the world are facing as the LNG (liquefied natural gas) crisis deepens. What started as regional disruptions in the Middle East is now sending ripples across global energy markets,
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The Strait of Hormuz in the Middle East isn’t just another shipping lane—it’s a strategically named energy corridor with deep historical significance. Its name, “Hormuz,” comes from Hormoz, the Middle Persian form of Ahura Mazda, the Zoroastrian symbol of order, light, and balance. This is not storytelling; it is a verified linguistic fact. For ancient
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Rising oil prices are creating ripples across the global economy, directly impacting industries such as lubricants, transportation, and manufacturing. As crude costs rise, base oil prices, production expenses, and supply chain pressures also increase, affecting both businesses and end users. This energy-driven shift is not only influencing inflation and demand but also reshaping global trade
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Dubai: UAE fuel prices for April 2026 are set for review, with market trends suggesting only modest changes. After a slight increase in March, global oil prices eased as tensions between the US and Iran showed signs of easing, reducing the risk of immediate supply disruptions. Current Fuel Rates For March 2026, the UAE Fuel
UAE Fuel Prices for April 2026: Petrol, Diesel Rates Unlikely to Drop Sharply Read More »
Geopolitical tensions in the Middle East are sending shockwaves through global energy markets, affecting everything from crude oil prices to lubricant production. Conflicts, strategic chokepoints, and supply disruptions are not just headlines; they directly impact refinery operations, base oil availability, and industrial energy costs. Keep reading to understand how these developments shape the lubricant industry
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Rising tensions between Iran and the United States are starting to impact global energy markets. Oil prices across the Gulf region have increased sharply, moving above both global benchmark prices and U.S. crude prices. One of the biggest movers is Murban crude, the main crude oil exported by the UAE. Because Murban is widely used
Iran-US Conflict: Gulf Oil Soars Above World, US prices — UAE Fuel to Get Costlier? Read More »
Dubai: The UAE Fuel Price Committee has announced the new retail fuel prices for March 2026, with slight increases in petrol and diesel rates. Under the updated pricing: Diesel prices have also seen an increase. The fuel is now available at Dh2.72 per litre, up from Dh2.52 per litre previously. These revised fuel prices officially
UAE Announces Petrol and Diesel Prices for March 2026 Read More »
