UAE petrol and diesel prices for June 2026 announced

The UAE has officially announced fuel prices for June 2026, marking its first fuel pricing update as an independent oil producer following its exit from OPEC and OPEC+ in May 2026.

New Fuel Prices Effective from June 1, 2026

The revised fuel rates are as follows:

• Super 98 Petrol: Dh3.95 per litre (up from Dh3.66 in May)

• Special 95 Petrol: Dh3.83 per litre (up from Dh3.55)

• E-Plus 91 Petrol: Dh3.76 per litre (up from Dh3.48)

• Diesel: Dh4.33 per litre (down from Dh4.69)

While petrol prices have increased across all grades, diesel prices have seen a notable reduction for June.

Petrol Prices Continue Upward Trend

Petrol prices in the UAE have been rising for three consecutive months, including May and June 2026. The increases reflect broader movements in global oil markets and changing supply-demand dynamics.

Impact on Household Budgets

Monthly fuel price changes directly affect household expenses across the UAE.

Key impacts include:

Increased transportation costs for daily commuters.
Higher fuel spending for families and businesses.
Greater pressure on monthly household budgets during periods of rising prices.
Small increases in fuel rates can accumulate significantly over time.

UAE Exits OPEC and OPEC+

On April 28, 2026, the UAE announced its decision to leave OPEC and OPEC+, with the move taking effect on May 1, 2026.

The decision ended more than six decades of membership in the organization and gives the country greater flexibility in managing its oil production levels.

Potential Increase in Oil Production

Following its departure from OPEC, the UAE could potentially increase oil output by up to 30 percent above previous quota-restricted levels, depending on how quickly new production capacity is brought online.

What This Means for OPEC

OPEC has traditionally relied on spare production capacity from major members to influence global oil markets. The departure of a significant producer such as the UAE could reduce the organization's ability to shape market expectations and respond effectively to supply disruptions.

June 2026 brings higher petrol prices and lower diesel rates for UAE consumers. The pricing update also marks a significant milestone as the UAE begins operating independently of OPEC and OPEC+, a move that could reshape both its oil production strategy and its influence on global energy markets in the years ahead.