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 »
Oil markets reacted sharply on March 2, with prices surging up to 13% after retaliatory Iranian strikes disrupted tanker movement in the Strait of Hormuz, following military action by the United States and Israel on Iranian targets. Brent crude climbed to $82.37 per barrel, its highest level since January 2025, before stabilizing near $78.60. Meanwhile,
Strait of Hormuz: Current Status & Statistics Read More »
State-owned Saudi Aramco has temporarily shut its 550,000 b/d Ras Tanura Refinery after debris from intercepted Iranian drones caused limited damage early Monday. According to the Saudi Press Agency, domestic petroleum supply remains unaffected, and the shutdown was a precautionary measure. No injuries were reported. As Saudi Arabia’s largest refinery, Ras Tanura accounts for around
Aramco Ras Tanura Attack: Market Impact Read More »
Petrol prices in the UAE could go up in March 2026 after global oil prices jumped in February. The rise comes amid ongoing tensions between the US and Iran. In February, oil prices climbed due to fears of a possible US-Iran conflict, with Brent crude crossing $71 per barrel. Analysts warn that if tensions escalate
Will UAE Petrol Prices Rise in March as Oil Gains Due to US-Iran Tensions Read More »
The UAE is expected to remain one of the Middle East’s strongest economies in 2026, even with lower oil prices and regional uncertainties. Non-oil sectors, like private businesses in Dubai, infrastructure projects in Abu Dhabi, and tourism in the northern emirates, are driving most of this growth. A recent S&P Global report shows the UAE’s
UAE Leads Middle East Growth Despite Oil And Geopolitical Headwinds Read More »
The UAE announced the fuel prices for February 2026 on Saturday, January 31. Compared to January, petrol prices have slightly dipped across all variants. The new rates, effective from February 1, 2026, are: The UAE has been linking fuel prices to international rates since petrol price deregulation in 2015, ensuring prices reflect global market trends.
UAE Petrol, Diesel Prices for February 2026 Announced Read More »
