The United Arab Emirates is set to announce its retail fuel prices for July 2025 by June 30, as part of the monthly pricing update. Since the deregulation of fuel prices in 2015, domestic petrol and diesel costs in the UAE have been closely linked to international oil market trends. These monthly revisions are significant...
Oil prices remain largely unchanged today, Friday, but are on track to record their largest weekly decline since October. This downturn is attributed to uncertainty surrounding U.S. tariff policies, which have raised concerns about global demand just as major producers prepare to increase output. As of 02:17 GMT, Brent crude futures rose by 13 cents,...
The UAE has announced a rise in fuel prices for February 2025, as confirmed by the Ministry of Energy on January 31. The Fuel Prices Monitoring Committee has decided to increase the rates compared to January 2025. These monthly adjustments are based on the average global price of oil, which fluctuates, and include the operating...