The United Arab Emirates is one of the top countries determining world oil prices. Until 2015, the UAE gasoline prices were among the lowest in the Middle East region. Some time later, the situation on the oil market changed, which caused an increase in the cost of diesel fuel and gasoline in the country.
The increase was part of the Government policy pursued by the UAE authorities regarding the deregulation of gasoline prices. In addition, the country's leadership created a special Fuel Committee under the Ministry of Energy, which also included representatives of fuel companies.
For businesses and investors involved in company formation in Dubai, fuel price fluctuations can have an impact on logistics, transportation costs, and overall business operations, making it essential to stay informed about these regulatory changes.
The Committee has been monitoring the world market for oil, gasoline, and diesel prices since 2016. Fuel prices in the UAE are calculated based on international oil prices and the Committee adjusts them on a monthly basis. Prices for the following month are announced on the 28th of each month.
Fuel types in UAE explained
Fuel sold in the UAE is categorized as follows:
- E-plus 91
- Special-95
- Super-98
- Diesel
These are grouped according to their characteristics and suitable for different vehicles and engine types, in particular for low, medium, and high compression engines, as well as diesel engines. Their prices also differ.
2022 gasoline price increase
In June 2022, the UAE Fuel Committee announced an increase in the price of gasoline and diesel. After that, due to the world economic and political situation, there has been another rise in the prices. See a comparison table below:
Latest petrol prices
| Months in 2022 | E-plus 91 | Special 95 | Super 98 | Diesel |
|---|---|---|---|---|
| May | AED 3.48 | AED 3.55 | AED 3.66 | AED 4.08 |
| June | AED 3.96 | AED 4.03 | AED 4.15 | AED 4.14 |
| July | AED 4.44 | AED 4.52 | AED 4.63 | AED 4.76 |
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FAQs
What is the petrol price in UAE today and how can I check it online?
Check out the latest prices in the table above. New prices are announced at the end of every month. Since petrol prices are the same for all the emirates and for all gas stations in the country, you can find the current prices for example on the ADNOC website.
Why is there a rise and fall in the price of petroleum?
The changes in price depend on the market value of oil.
What are the most popular gas stations in the UAE?
They are ENOC, EPPCO, ADNOC, and Emarat.
What is an online fuel delivery service in the UAE?
Now, you can order fuel delivery online using the CAFU App. It is the first online fuel delivery service in the Middle East. It is convenient and affordable. They charge AED 18 for a single delivery and AED 45 for an unlimited number of hours per month.
Elena O.
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