UAE motorists could face higher petrol and diesel prices in October as crude oil remains above $100 a barrel and global fuel markets continue to face supply uncertainty.
Brent crude has remained highly volatile in recent days. After briefly falling below $100 on expectations that US-Iran diplomatic efforts could ease supply concerns, prices moved higher again, with Brent trading above $106 a barrel on Monday.
The movement is important for the UAE because the country's monthly fuel prices are linked to international energy-market trends.
September Fuel Prices
The UAE's current September fuel rates are:
- Super 98: Dh3.80 per litre
- Special 95: Dh3.69 per litre
- E-Plus 91: Dh3.61 per litre
- Diesel: Dh4.30 per litre
These rates took effect on September 1 after the UAE Fuel Price Committee approved increases across petrol and diesel.
Oil Prices Keep October Outlook Uncertain
Brent crude has averaged above $100 a barrel during much of September, compared with an August average of about $87.70, according to recent UAE reporting. That higher monthly average could put upward pressure on October pump prices.
However, oil prices have been moving sharply in both directions as markets respond to developments around the Strait of Hormuz and US-Iran diplomatic efforts.
Recent reports indicate that Brent dropped below $100 as the risk premium eased, before climbing again above $106 following renewed concerns over the regional supply outlook.
Diesel Could Remain Under Pressure
Diesel remains another important concern for motorists and businesses. Tight global refined-fuel supplies can keep diesel prices elevated even when crude prices temporarily decline.
This means the final October rates will depend not only on crude oil but also on refined-product prices and market conditions during the closing days of September.
What Could Happen to October Prices?
The official October rates are not yet available, so any specific increase at this stage would only be an estimate.
If prices were to rise by 10 fils per litre, a 60-litre fill-up would cost Dh6 more, while an 80-litre tank would cost Dh8 more.
A 20-fils increase would add Dh12 to a 60-litre fill-up and Dh16 to an 80-litre fill-up.
Final Days of September Will Be Crucial
The remaining trading days of September will be particularly important for October's fuel-price calculation.
Developments involving the Strait of Hormuz, regional oil supplies, US-Iran talks and global crude prices could significantly influence the final monthly average.
The UAE Fuel Price Committee is expected to announce the official October 2026 petrol and diesel prices at the end of September, with the new rates taking effect on October 1.
At present, higher prices remain a possibility, but the final direction cannot be confirmed until the official rates are announced.
- News source: https://www.gulfarticles.com/
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