UAE Announces Petrol and Diesel Prices for May 2026
The United Arab Emirates (UAE) has officially announced new petrol and diesel prices for May 2026. These prices are updated every month by the UAE Fuel Price Committee, based on global oil market trends.
New Fuel Prices for May 2026
For May 2026, fuel prices in the UAE have seen an increase compared to previous months. The revised rates are:
- Super 98 petrol – around AED 3.66 per litre
- Special 95 petrol – around AED 3.55 per litre
- E-Plus 91 petrol – around AED 3.48 per litre
- Diesel – around AED 4.07 per litre
These prices show that fuel costs remain relatively high, mainly due to global oil price pressure.
Why Fuel Prices Increased
The rise in fuel prices is mainly linked to global crude oil trends. In recent months:
- Crude oil prices have increased due to geopolitical tensions in the Middle East
- Supply disruptions, especially around the Strait of Hormuz, have affected oil flow
- Demand for oil has also remained strong globally
Because the UAE follows a market-based pricing system, local fuel prices change according to international oil rates.
Monthly Fuel Price System in UAE
Since 2015, the UAE has used a monthly fuel price adjustment system. This means:
- Prices are reviewed at the end of each month
- New rates are applied from the 1st day of the next month
- The system ensures transparency and reflects global oil conditions
This approach helps the country align with international energy markets.
Comparison with Previous Months
Fuel prices in April 2026 were already high, with Special 95 petrol around AED 3.28 and diesel around AED 4.69 per litre.
Compared to April:
- Petrol prices have increased slightly
- Diesel prices have shown some fluctuation but remain high overall
This indicates a continued upward trend in fuel costs.
Impact on Consumers
The increase in fuel prices will affect:
- Daily commuters – higher transport costs
- Businesses – increased logistics and delivery expenses
- Inflation – slight rise in overall cost of goods and services
However, the UAE government continues to ensure stable fuel supply and efficient distribution.
Global Oil Market Influence
Global oil markets remain unstable due to:
- Conflicts affecting oil-producing regions
- Changes in supply from major producers
- Economic uncertainty worldwide
These factors directly influence fuel prices in countries like the UAE.
Conclusion
The UAE’s fuel price update for May 2026 reflects the ongoing pressure in global oil markets. While prices have increased, the country’s monthly pricing system ensures that fuel costs remain aligned with international trends. Consumers and businesses should expect continued fluctuations in the coming months depending on global developments.