With oil prices losing steam, UAE petrol rates for August may ease after July’s sharp rise
Dubai: UAE residents will soon find out how much they’ll be paying to refuel in August, with the country’s Fuel Price Committee set to announce new petrol and diesel rates by July 31, 2025.
These monthly adjustments, which reflect shifts in global oil prices, are closely watched by motorists planning their budgets.
In July 2025, prices saw a notable rise. Here’s what UAE residents have been paying per litre: (Check out latest prices here.)
Super 98: Dh2.70 (up from Dh2.58 in June)
Special 95: Dh2.58 (up from Dh2.47 in June)
E-Plus 91: Dh2.51 (up from Dh2.39 in June)
Diesel: Dh2.63 (up from Dh2.45 in June)
These changes were largely driven by stronger oil prices recorded across most of June, despite a sharp drop at the end of the month.
After climbing steadily in the first half of June, oil prices tumbled nearly 13% in the final week—their steepest drop since March 2023.
While both Brent and U.S. crude benchmarks recovered slightly and posted monthly gains (6% and 7%, respectively), they’ve been trading sideways through July.
As of this week, Brent crude is hovering around $69 a barrel, and U.S. crude around $65—both down from recent highs. That’s also nearly 10% below Q1 average prices, according to Q2 data.
Multiple forces are keeping oil prices in check:
Increased supply from OPEC+ nations
Muted demand expectations in China and parts of Europe
Geopolitical uncertainty, which has led to short-term price spikes but not sustained rallies
Because UAE fuel prices are pegged to global oil markets and adjusted monthly, any persistent softening in crude prices will eventually trickle down to consumers.
July’s price hike likely reflected stronger oil performance in early June. But with crude prices struggling to gain momentum in July, analysts expect UAE petrol and diesel rates to drop slightly in August—unless a geopolitical shock triggers a supply squeeze.
If current trends hold, August fuel prices could dip by 5–10 fils per litre, offering some relief for residents who saw their budgets squeezed in July.
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