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UAE petrol price prediction August 2026: Could fuel prices fall again?

After months of soaring global oil markets and fluctuating fuel prices, motorists across the UAE are waiting on news this August 2026 of how much petrol is going to cost them. The new prices are tipped to be revealed on Friday, July 31, and take effect from Saturday, August 1.


UAE Fuel Price Announcement Date

UAE Fuel Price Committee is expected to announce the new petrol and diesel prices on:

Announcement Date: July 31, 2026
Saturday, 1stAugust 2026 — Effective date

Adjusting gasoline prices are usually released via official govt channels at the end of each month.


Will Petrol Prices Go Up or Down?

Fuel prices rose sharply in June  but dropped significantly in July and now it remains to be seen if August will see this continue?

The following are the few factors affecting the forthcoming rates:

 

  • Previously this month, Brent crude fell below US$70 a barrel.

  • Soon after that, oil rebounded to around US$100 per barrel.

Average global crude oil price for July is the main metric that determines UAE's August fuel prices

UAE fuel prices are determined according to the international oil market trends, so any big shift in crude prices usually reflects on what motorists pay at the pump.


UAE Petrol Prices for July 2026

The current fuel prices in the UAE are:

Super 98: AED 3.40 per litre
Special 95: AED 3.29 per litre
E-Plus 91: AED 3.21 per litre
Diesel: AED 3.60 per litre


What Drivers Should Expect

July was a little less painful at the fuel station than June, but experts have argued that August prices will be determined mainly by the monthly average global price of oil during this time.

Motorists must wait until the official announcement on July 31 only to know the actual petrol and diesel rates for August.

Stay ahead of every fuel price update! Check back for the official UAE petrol and diesel prices for August 2026. To get the latest news subscribe to Just Dubai!
 
By: Simran

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