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Reading: Rising oil prices push UAE gasoline prices to their highest level since October 2023
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BusinessOil And Gas

Rising oil prices push UAE gasoline prices to their highest level since October 2023

The new prices for April 2026 reflect a jump in global oil, while diesel hit its highest level since July 2022.

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Last updated: 31/03/2026 3:49 pm
Business Desk
4 months ago
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Rising oil prices push UAE gasoline prices to their highest level since October 2023
Fuel prices for April in the UAE. (Image/Voice of Emirates)
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Dubai, UAE – The UAE Fuel Price Committee announced fuel prices for April 2026. The price of Super 98 gasoline rose to AED 3.39 per liter, Special 95 to AED 3.28, and E-Plus 91 to AED 3.20. Diesel increased to AED 4.69 per liter. These prices represent a sharp increase compared to March 2026 levels. In March, Super 98 was priced at AED 2.59, Special 95 at AED 2.48, and E-Plus 91 at AED 2.40. Diesel was priced at AED 2.72 per liter.

This increase comes as part of the monthly pricing mechanism adopted in the UAE since August 2015. This mechanism links local fuel prices to fluctuations in global markets. It is also tied to crude oil and refined product prices, as well as distribution costs. Therefore, any significant rise in global energy prices is directly reflected in the prices announced at the beginning of each month.

ارتفاع أسعار الوقود في #الإمارات خلال شهر أبريل 2026#صوت_الإمارات pic.twitter.com/dXImiDGVF9

— صوت الإمارات – Voice Of Emirates (@voe_ourmedia) March 31, 2026

During March 2026, Brent crude rose above $100 per barrel. This represented a gain of over 40% since late February, driven by supply disruption concerns and regional tensions. These tensions also impacted shipping traffic through the Strait of Hormuz. This was the primary factor behind the price increase in April in the UAE market.

According to the revised monthly record, April gasoline prices in the UAE have returned to their highest levels since October 2023. In October 2023, Super 98 was priced at AED 3.44 per liter and Special 95 at AED 3.33. Super 98 then dropped to AED 3.03 in November 2023. It remained at lower levels in the published reference months of 2024, 2025, and early 2026. Diesel, at AED 4.69 per liter, is slightly lower than its July 2022 peak of AED 4.76, making it the highest price since that month. Therefore, April 2026 is entering as one of the most challenging months for fuel costs in the UAE in recent times. The local market remains highly dependent on global oil price movements and supply fluctuations in the region.

TAGGED:dieselFuel pricesGasoline pricesGasoline prices in the UAEpetroleumUAEVoice Of Emirates
SOURCES:Voice Of Emirates
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Previous Article Trump: Near-complete agreement on points of disagreement with Iran Trump to countries affected by the fuel crisis: “Learn to defend yourselves and go get your own oil.”
Next Article Israeli army: We are prepared for weeks of operations against Iran, and Netanyahu confirms we have "crossed the halfway line." Israeli army: We are prepared for weeks of operations against Iran, and Netanyahu confirms we have “crossed the halfway line.”

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