UAE Petrol Prices July 2026: Will Fuel Rates Drop Next Month?
UAE motorists are waiting to see whether fuel prices will fall in July after four consecutive monthly increases. While the official rates have not yet been announced, recent developments in global oil markets suggest drivers could finally get some relief.
Current UAE Fuel Prices
The UAE Fuel Price Committee set the following rates for June 2026:
| Fuel Type | Price (AED/litre) |
|---|---|
| Super 98 | Dh3.95 |
| Special 95 | Dh3.83 |
| E-Plus 91 | Dh3.76 |
| Diesel | Dh4.33 |
Fuel prices have risen sharply since February, when Super 98 cost just Dh2.45 per litre. A 60-litre tank now costs around Dh237, compared with about Dh147 four months ago.
Why Did UAE Petrol Prices Rise?
Fuel prices surged after geopolitical tensions in the Middle East pushed global oil prices higher. Concerns over disruptions to the Strait of Hormuz, a key route for global oil shipments, added further pressure to crude markets.
Because UAE fuel prices are linked to international oil prices, motorists felt the impact through monthly price increases.
Will UAE Petrol Prices Fall in July 2026?
Analysts believe a modest reduction is possible. Brent crude oil has fallen by more than $11 per barrel this month following signs of easing tensions and a reported US-Iran peace agreement.
Several major financial institutions, including Goldman Sachs, Morgan Stanley and Citi, have lowered their oil price forecasts. However, experts caution that any reduction is likely to be limited.
Robin Mills, CEO of Qamar Energy in Dubai, said it could take months before major declines reach consumers as supply chains, refineries and shipping operations gradually normalize.
UBS expects Brent crude to average around $90 per barrel over the next 9 to 12 months, while Barclays maintains a forecast of $100 per barrel.
When Will July Fuel Prices Be Announced?
The UAE Fuel Price Committee is expected to announce the July 2026 petrol prices on 30 June, with the new rates taking effect from 1 July 2026.
The final prices will depend on the average global oil prices throughout June. Unless crude oil prices rise sharply again before the end of the month.
UAE motorists could see the first fuel price reduction since February. However, analysts expect any cut to be modest rather than a return to the significantly lower prices seen earlier this year.
FAQs
When will the UAE announce petrol prices for July 2026?
The UAE Fuel Price Committee is expected to announce the official fuel prices on 30 June 2026. The revised rates will come into effect from 1 July 2026.
Will UAE petrol prices decrease in July 2026?
While the official prices have not been released, analysts expect a small reduction as global oil prices have eased during June. However, any decrease is likely to be modest.
Why have UAE fuel prices increased in recent months?
Petrol and diesel prices rose after global crude oil prices surged due to geopolitical tensions in the Middle East and concerns over oil supplies through the Strait of Hormuz.
How are UAE petrol prices decided?
The UAE Fuel Price Committee reviews international oil prices each month and announces new petrol and diesel rates accordingly. Monthly fuel prices are based on global market trends rather than daily fluctuations.
