UAE petrol, diesel prices for February 2026: Will fuel cost fall at the pump?
Global oil movements send early signals on February pump prices in the UAE
Dubai: Fuel prices in the UAE for February 2026 will be announced soon. After petrol and diesel became cheaper in January, global oil prices have started rising again late in the month. This shift could influence what motorists pay at the pump.
Where fuel prices are at now
In January 2026, the UAE cut fuel prices across all grades: Super 98 is Dh2.53 per litre, Special 95 is Dh2.42, E-Plus 91 is Dh2.34, and diesel is Dh2.55. This was a noticeable drop from December, giving drivers some relief at the start of the year.
UAE petrol and diesel prices are reviewed every month by the Fuel Price Committee and are based on average global oil prices and refined fuel costs from the previous period. When oil rises, pump prices usually follow. When oil falls, local prices often come down too.
Historical data shows fuel prices climbed through mid-2025, peaked around October, eased into December, and then fell sharply in January. Over the past year, UAE motorists have seen several increases and cuts, showing how quickly shifts in global oil prices can show up at the pump.
What’s happening in oil markets
Global oil prices have picked up since early January. Brent crude has been trading roughly between $63 and $66 a barrel, while US oil prices have moved closer to $59 to $61.
The recent rise has been driven mainly by:
renewed tensions in the Middle East,
uncertainty around oil flows from countries like Venezuela,
and temporary production issues in parts of the global oil system.
At the same time, new data shows oil stockpiles, especially in the US, are growing. That signals there is still plenty of oil available worldwide, which limits how fast or how far prices can rise.
What February prices may look like
Oil is now trading higher than it was when January prices were set. This makes a small increase in February more likely than another price cut.
Prices are not showing signs of a sharp surge. Global supplies remain comfortable, and recent inventory data suggests the world is not short of oil. Because of that, any increase at the UAE pump is expected to be limited rather than dramatic.
Diesel could remain firmer than petrol, as recent data shows global diesel supplies are tighter than petrol. A second straight drop in prices looks less likely unless oil weakens again before the pricing window closes.
What this means for UAE motorists
February fuel prices are more likely to edge up slightly than fall again.
Big jumps are not expected under current market conditions.
Prices could still stay close to January levels if oil stops rising.
Fuel price forecasts are based on current market trends, available data, and global oil movements. Actual UAE petrol and diesel prices are set by the UAE Fuel Price Committee and may differ depending on how international oil markets move before the official announcement.
The official fuel rates for February are expected to be announced on January 31, when the Fuel Price Committee releases the new price list.
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