Ten years ago, a major change in the oil price in UAE affected every driver and business in the country. In August 2015, the UAE government ended fuel subsidies and linked local fuel prices to global markets. This caused a 24% increase in petrol prices overnight. It was a big shift in UAE oil price history, replacing fixed rates with monthly updates based on international oil prices.
At the time, petrol went from Dh1.72 to Dh2.14 per litre. Diesel prices varied slightly across emirates before deregulation, with some reaching Dh2.90 while others, like Abu Dhabi, had lower rates. It later dropped to Dh2.05, helping transport and delivery companies. A Fuel Price Committee was created to review prices every month. It decides the current oil price, which applies across the UAE, by looking at global trends and supply costs.
Monthly Fuel Prices in UAE
In August 2025, the oil price in UAE is Dh2.69 for Super 98 petrol, Dh2.57 for Special 95, and Dh2.78 for diesel. These prices are the same in all emirates and change every month. The monthly system makes things clearer and helps people plan their spending. Experts say it improved transparency and reduced fuel waste over time.
The first oil price hike UAE worried many residents. Taxi fares, delivery charges, and travel expenses rose. Still, lower diesel rates helped many industries cut costs. Over the years, people have adjusted to regular monthly updates instead of surprise price jumps.
Looking at UAE oil price history, analysts agree the change encouraged better energy use and reduced overconsumption. It also supported cleaner transport options and smarter planning for households and businesses.
Now, the oil price in UAE continues to follow world oil market changes. This approach ensures the current oil price is fair, updated, and stable, helping both the economy and the environment.
