UAE motorists will pay less at the pump from July 1, after the UAE Fuel Price Committee announced the first fuel price cut since February, ending four consecutive months of increases. Super 98 petrol has dropped to Dh3.40 per litre, Special 95 to Dh3.29, E-Plus 91 to Dh3.21, while diesel has fallen to Dh3.60 per litre. The reductions are among the biggest monthly price cuts since the UAE introduced market-linked fuel pricing in 2015.
The lower prices are expected to save drivers around Dh33 each time they fill a typical 60-litre sedan and about Dh44 for an 80-litre SUV. Diesel users will see even greater savings. The price drop follows a sharp fall in global oil prices during June, as shipping through the Strait of Hormuz improved and concerns over prolonged supply disruptions eased. However, analysts warn that renewed geopolitical tensions could still cause fuel prices to rise again in the coming months.
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