UAE petrol prices may rise in May as oil stays above $100. Will fuel cross Dh4 per litre again? Latest update explained simply.
Fuel Prices Set for New Update
Petrol prices in the United Arab Emirates will be updated soon for May.
Prices change every month based on global oil markets.
Right now, oil prices are high, so fuel may go up again.
Why Oil Prices Are Rising
Global oil is getting expensive due to tension in the Middle East.
Key reason:
- Issues around the Strait of Hormuz
- Conflict involving United States, Iran, and Israel
When supply is at risk, prices go up.
Current UAE Petrol Prices (April)
- Super 98: Dh3.39
- Special 95: Dh3.28
- E-Plus: Dh3.20
Prices already increased sharply in April.
Will Prices Cross Dh4?
It’s possible—but not certain.
Here’s why:
- Oil averaged about $99 per barrel in April
- Prices went above $100 at times
- Higher oil usually means higher fuel prices
👉 Experts say prices may rise slightly, but crossing Dh4 per litre is not guaranteed.
What Happened Before?
The UAE last saw petrol above Dh4 in 2022.
That was during the Russia-Ukraine War.
At that time:
- Super 98 reached Dh4.63
- Special 95 hit Dh4.52
Supply Concerns Add Pressure
The closure of the Strait of Hormuz has reduced global oil supply.
- Around 10–13 million barrels/day affected
- This is about 12% of global supply
This is a major reason prices remain high.
When Will New Prices Be Announced?
The UAE Fuel Price Committee will announce May prices on April 30.
Final rates depend on:
- Global oil trends
- Supply conditions
- Market stability
Final Thoughts
Fuel prices in the UAE may rise again in May.
But a jump to Dh4 per litre depends on how oil prices move in the next few days.
Source: Khaleejtimes
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