UAE Fuel Prices for August: Potential Increase Amid Rising Oil Costs

Jul 30, 2026

70 min

Jul 30, 2026 20:31

UAE fuel prices out today: Petrol prices to rise in August?

## Current Fuel Price Situation

UAE drivers may face fluctuating fuel prices in August as global oil prices have recently surged past $100 per barrel. This increase follows a period of price reductions in July, where Super 98 was priced at Dh3.40 per liter, Special 95 at Dh3.29, E-Plus 91 at Dh3.21, and diesel at Dh3.60.

## Factors Influencing Price Changes

The UAE adjusts its fuel prices monthly based on international crude oil prices. The recent spike in oil prices is attributed to renewed concerns over Middle East energy supplies, particularly following reported attacks on Saudi tankers. These events have raised fears of potential disruptions in shipping routes crucial for global oil markets.

## Market Predictions and Scenarios

Earlier forecasts had anticipated a decline in oil prices, with expectations of Brent crude falling below $80 by the third quarter. However, the recent geopolitical tensions have introduced uncertainty into these predictions. If oil prices remain high, UAE fuel prices could see an increase in August. Conversely, if tensions ease and oil prices drop, the impact on fuel costs may be minimal.

## What to Watch

Key factors to monitor include whether Brent crude stays above $95-$100, the impact of any further disruptions in the Red Sea and Strait of Hormuz, and OPEC+'s response to the current geopolitical climate. The outcome of these factors will significantly influence the fuel price adjustments for August.

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