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Saturday, May 2, 2026

UAE March Fuel Prices Due Today as Oil Rises on Gulf Tensions

UAE motorists are keeping a close eye on fuel prices today as the official rates for March are set to be announced. After two months of welcome price cuts, the outlook is shifting, with global oil markets suggesting a modest increase could be on the way.

Since the UAE deregulated fuel prices in 2015, retail petrol and diesel rates have been adjusted monthly to reflect changes in international oil and refined fuel prices.

Current prices (February 2026):

  • Super 98: Dh2.45 per litre
  • Special 95: Dh2.33 per litre
  • E-Plus 91: Dh2.26 per litre
  • Diesel: Dh2.52 per litre

These rates, set by the UAE Fuel Price Committee, marked a continued drop from January and extended a downward trend that started after prices peaked late last year.

What’s driving prices now?

Brent crude has recently climbed back to the $71–$72 per barrel range, mainly because of geopolitical tensions in the Gulf linked to ongoing US-Iran developments. Analysts say that while global oil supplies remain steady, market sentiment—and a “risk premium” due to fears of supply disruption—are pushing prices higher.

What can UAE drivers expect in March?

With oil prices firming during the pricing window used to set March’s rates, a slight bump at the pump seems likely. Diesel, which is often more sensitive to global supply routes and trade risks, could see a slightly larger increase if high crude prices persist.

Still, unless tensions escalate further and drive oil much higher, a sharp jump in UAE fuel prices is not expected. The final rates for March 2026 will be made official later today, once announced by the UAE Fuel Price Committee.

For now, motorists should be prepared for a possible—though likely moderate—rise in prices as the new month approaches.

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