August Fuel Prices: UAE Announcement Looms
The UAE will announce its fuel prices for August 2026 on Thursday, July 31, with the new petrol and diesel rates coming into effect from Saturday, August 1. Motorists are anticipating whether prices will rise or fall following July’s drop, as global oil prices have recently climbed. Brent crude, one of the world’s leading oil benchmarks, dipped below US$70 a barrel earlier this month before rebounding to around US$100.
The current fuel prices in the UAE are Super 98 at Dhs3.40 per litre, Special 95 at Dhs3.29 per litre, E-Plus 91 at Dhs3.21 per litre, and Diesel at Dhs3.60 per litre. These prices have seen fluctuations throughout the year, with July bringing some relief for drivers after fuel prices dropped across all grades compared to June.
The UAE Fuel Price Committee’s announcement will determine the direction of fuel prices for August, considering the global oil price movements. As international oil prices play a role in determining UAE fuel prices, motorists could see some changes at the pumps next month.
The UAE’s fuel price updates are a monthly occurrence, with the committee aiming to ensure fair pricing for motorists based on global oil market trends. The announcement on July 31 will provide clarity on whether the recent climb in global oil prices will impact local fuel prices.
This upcoming announcement follows a pattern of fuel price adjustments seen throughout 2026, with prices having risen and fallen in response to global market conditions. The UAE Fuel Price Committee’s decision will be closely watched by motorists and industry stakeholders alike, as it directly affects the cost of living and transportation costs in the UAE.
In the context of previous years, such as 2025, fuel prices remained relatively steady for much of the year before beginning to rise again towards the end of the year. The committee’s announcement for August 2026 will be significant in understanding how fuel prices might trend for the remainder of the year.
