UAE fuel prices jump in April; diesel surges over 70%

March 31, 2026 (MLN): Fuel prices in the United Arab Emirates witnessed a sharp surge for April 2026, with diesel recording a steep increase and petrol rates also rising, amid rising global oil prices and geopolitical tensions weighing on market sentiment.

Petrol prices rose by around 30% month-on-month, while diesel increased by more than 70%, showing a significant spike in energy costs.

The UAE Fuel Price Committee raised diesel prices to Dh4.69 per litre from Dh2.72 in March, marking a 72.4% month-on-month increase.

Petrol prices also climbed notably across all categories. Super 98 rose to Dh3.39 from Dh2.59, showing a 30.9% increase, while Special 95 increased to Dh3.28 (up 32.3%) and E-Plus 91 to Dh3.20 (up 33.3%).

The increase represents one of the steepest monthly hikes in recent years, driven by rising global oil prices and ongoing geopolitical tensions impacting energy supply chains and business confidence.

Historically, UAE fuel prices remained relatively stable through much of 2025 and early 2026, moving within a narrow range before this sharp breakout.

The country deregulated fuel prices in 2015 to align domestic rates with international markets, making monthly revisions highly sensitive to global crude price movements.

The sharp rise in diesel prices carries broader implications for transportation and logistics costs across the region, potentially feeding into inflationary pressures.

Notably, diesel rates in the UAE are now significantly higher than in Pakistan, highlighting the impact of market-linked pricing mechanisms.

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