Global Oil Prices Drop 13% After Three-Week Rally — could UAE fuel prices be next to fall?
Dubai: The UAE is set to announce July 2025 petrol and diesel prices today, and many motorists are anticipating a potential price cut. The recent drop in global oil prices, along with reduced geopolitical tensions, could translate into lower fuel costs at the pump.
Fuel price updates are a key focus for UAE residents, especially drivers and businesses managing monthly fuel budgets and transport costs.
June 2025 fuel prices remained mostly steady compared to May:
- Super 98 petrol – Dh2.58/litre
- Special 95 petrol – Dh2.47/litre
- E-Plus 91 – Dh2.39/litre
- Diesel – Dh2.45/litre (down from Dh2.52 in May)
Stay tuned for the official July fuel price announcement—key information for anyone in the automotive, logistics, or fuel-dependent sectors.
Oil Prices Slide 13% After Ceasefire Eases Supply Concerns
Global oil prices dropped nearly 13% last week, ending a three-week streak of steady gains. The sharp decline was mainly triggered by a ceasefire agreement between Israel and Iran, which helped ease fears of supply disruptions from the Middle East—home to nearly one-third of the world’s oil production.
Following the initial drop, oil prices have stabilized, returning to pre-conflict levels.
Market analysts note that while current prices are holding steady, a continued surge in global oil supply could create downward pressure in the coming weeks—impacting everything from fuel pricing to lubricant production costs.
This shift is being closely watched by stakeholders across the automotive, logistics, and energy sectors, as it could influence fuel pricing strategies!
What the Decline in Oil Prices Could Mean for UAE Motorists
With global oil prices on the decline and no major disruptions affecting supply, there’s a strong possibility that UAE fuel prices may drop in July. While local pump prices also factor in refining, logistics, and distribution costs, they remain closely tied to international crude trends.
This means that even if changes aren’t immediate, lower oil prices are likely to reflect at the pump—either in the coming weeks or by next month’s pricing cycle.
The takeaway: If current market conditions hold steady, UAE drivers could benefit from more affordable fuel in the near future. However, any new geopolitical tension or supply disruption could shift the outlook. Until then, motorists and fleet operators should watch for the official July fuel price announcement.
Editor-at-Large
A passionate writer in the lubricant industry, Awais Iqbal has been covering oils, greases, and industrial fluids since the start of his career. At 25, he’s already written for blogs, catalogs, and brand guides across the UAE. Awais’s insights help companies connect with their audience, and his clear, helpful writing style is trusted by brands in the region.
