UAE Petrol Prices Rise for July 2025 Amid Global Oil Market Shifts

Dubai: The UAE Fuel Price Committee has announced petrol and diesel prices for July 2025, reflecting a slight increase from June as global oil markets adjust to demand-supply dynamics and easing geopolitical tensions. Effective from July 1, 2025, the updated fuel prices are as follows:

• Super 98: Dh2.85 per litre, up from Dh2.79 in June.
• Special 95: Dh2.73 per litre, compared to Dh2.67 last month.
• E-Plus 91: Dh2.66 per litre, an increase from Dh2.60.
• Diesel: Dh2.84 per litre, rising from Dh2.76.

These adjustments align with global oil price trends, as Brent crude futures dipped to $67.58 per barrel and US West Texas Intermediate crude fell to $64.90, according to Reuters data on June 30, 2025. The recent ceasefire between Iran and Israel has reduced the risk premium previously factored into oil prices due to potential disruptions in the Strait of Hormuz, shifting market focus to supply and demand fundamentals.

Opec+ is gradually unwinding its voluntary production cuts of 2.2 million barrels per day, with an increase of 411,000 barrels per day planned for July and August. The International Energy Agency projects global oil supply to rise by 1.8 million barrels per day to 104.9 million in 2025, driven by non-Opec+ producers and the easing of Opec+ cuts. However, sluggish global demand growth, particularly in the US and China, is expected to keep oil prices under pressure, with Brent forecast to average $61 by year-end and $59 in 2026, per the US Energy Information Administration.

For UAE consumers, filling a 50-litre tank with Super 98 will now cost Dh142.5, up from Dh139.5, while Special 95 will cost Dh136.5, compared to Dh133.5 last month. Diesel-powered vehicles will see a full tank cost of Dh142, an increase from Dh138. The modest price hike reflects the UAE’s alignment with global market trends while maintaining competitive fuel pricing regionally.