UAE petrol prices to rise in September with diesel up 13%
Petrol prices in the UAE will rise for a second straight month in September, as global oil markets remain volatile with a peace deal between the US and Iran still out of reach. Super 98 will increase by 5.5 per cent, Special 95 by 5.7 per cent, E-Plus 91 by 5.86 per cent and diesel by 13 per cent. How much will fuel cost in September? Super 98: Dh3.80, up from Dh3.60 in August Special 95:…
In September, the prices of petrol in the UAE will increase for the second consecutive month due to ongoing global oil market volatility, even as a US-Iran peace deal remains elusive. The increase will range from 5.5 percent for Super 98 to 13 percent for diesel. Super 98 will cost Dh3.80, up from Dh3.60 in August, while Special 95 will rise to Dh3.69, compared to Dh3.49 last month.
E-Plus 91 will go up to Dh3.61, while diesel will cost Dh4.30, up from Dh3.80. The UAE has been tied to global oil market trends since 2015 after deregulation was introduced. Fuel prices dropped in July for the first time in five months following the US-Iran ceasefire. Oil prices initially rose to around $126 per barrel for Brent and $119 per barrel for West Texas Intermediate in late April, but dropped sharply after that.
Prices rose again in August as tensions escalated, with Brent exceeding $94 per barrel and WTI reaching $87 per barrel. The economic sanctions announced by Washington and Iran's retaliatory threats have intensified rhetoric, but recent steps towards negotiations and mediation efforts, including by Qatar and Pakistan, have eased oil markets.
The UAE's fuel prices are influenced by international refined product markets rather than the spot price of crude oil.
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