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 prices may increase for a fourth month in a row. In May, crude oil prices stayed above $100 per barrel because the Strait of Hormuz was closed during the US-Israel-Iran conflict. The average price of Brent crude oil was about $106 per barrel in May, compared to around $99 per barrel in April. Concerns about oil supply disruptions caused by the closure have kept oil prices high.
In the UAE, petrol prices went up for the third month in a row in May. Super 98, Special 95, and E-Plus cost Dh3.66, Dh3.55, and Dh3.48 per litre. Since February, petrol prices have increased by about 50%. Back then, Super 98 cost Dh2.45 per litre, which means it has gone up by Dh1.21 per litre. Brent oil and WTI oil prices closed at $103.5 and $96.6 per barrel over the weekend.
In 2022, the UAE had its highest petrol prices ever after the Russia-Ukraine war. Prices went above Dh4 per litre for the first time. In July 2022, Super 98 reached Dh4.63 per litre and Special 95 reached Dh4.52 per litre.
Changes in petrol prices every month can affect family budgets. Since fuel is something people need all the time, even small price increases can make daily expenses higher over time.
However, oil prices may come down in the future if the US and Iran get closer to a peace agreement.
Also Read: UAE Announces Petrol And Diesel Prices for May 2026
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.