Global trends guide the adjustment as the UAE prepares for a minor shift in petrol prices this October. The petrol prices hold major importance for households, businesses, and the wider economy across the Emirates.
The UAE’s fuel price committee meets at the end of every month to set retail rates. The committee reviews global oil benchmarks before announcing the new rates. In August, Brent crude averaged 67.03 dollars per barrel. The average rose slightly from 66.90 dollars in the previous month.
The government deregulated fuel pricing in 2015 to align with international standards. Since then, petrol prices have been revised monthly to reflect market movements. This ensures transparency while keeping the system tied closely to global demand and supply.
Currently, Super 98 stands at 2.70 dirhams per litre in September. Special 95 is priced at 2.58 dirhams, while E-Plus sells for 2.51 dirhams. These benchmarks will guide the October revisions, with analysts expecting only marginal changes.
Industry leaders say fuel costs directly affect inflation and consumer spending. Rising petrol prices push up transport and shipping expenses. Companies in logistics, aviation, and construction watch these shifts closely because operational budgets are sensitive to fuel adjustments.
Aviation firms often cite fuel as one of their highest expenses. Shipping operators also face tighter margins when fuel climbs. This explains why the committee’s monthly announcements attract attention from multiple sectors.
Economists argue that relatively stable oil prices will help contain inflationary pressures in the UAE. However, small changes can still affect consumer confidence and daily spending patterns. Businesses adjust quickly because they need to protect profits in competitive markets.
Looking ahead, analysts predict limited volatility in oil benchmarks through the last quarter of the year. Many believe that global supply balances will keep major price swings in check. For UAE consumers, this signals some level of predictability in upcoming months.
The October update will confirm whether current expectations prove accurate. For now, stability in global energy markets suggests steady outcomes. Petrol prices in the UAE will remain a central focus for both policymakers and consumers.
