Fuel Relief: UAE Petrol and Diesel Prices Dip for February 2026

The UAE Fuel Price Committee has announced a welcome reduction in petrol and diesel prices for February 2026, offering slight relief at the pump for motorists across the Emirates.

Effective from Saturday, February 1, 2026, the price of Super 98 petrol has been reduced by 8 fils per litre, bringing it down to Dh2.45. Special 95 petrol sees a 9-fil drop to Dh2.33, while E-Plus 91 is down 8 fils to Dh2.26. Diesel prices also decreased by 3 fils to Dh2.52 per litre.

Here's the complete breakdown of the new fuel prices for February 2026:

• Super 98: Dh2.45 per litre (was Dh2.53 in January)
• Special 95: Dh2.33 per litre (was Dh2.42)
• E-Plus 91: Dh2.26 per litre (was Dh2.34)
• Diesel: Dh2.52 per litre (was Dh2.55)

The announcement was made on January 31, 2026, following the committee's monthly review of global crude oil and refined fuel product prices. This adjustment reflects a minor softening in international benchmark rates compared to the previous month.

Why UAE Fuel Prices Change Monthly

Since deregulation in 2015, UAE fuel prices have been adjusted monthly to align with the average global market prices. This system replaced fixed, subsidized pricing, creating a more transparent and market-reflective mechanism for consumers.

The monthly review considers factors like international crude oil prices and the cost of importing refined petroleum products. While prices had peaked around mid-2025, they began easing towards the end of the year, leading to this continued slight downward trend as we enter 2026.

What This Means for GCC Drivers

For UAE residents, the reductions, while modest, will be felt during the daily commute. Filling a typical 60-litre sedan tank with Special 95 will now cost about Dh5.40 less than in January.

In the broader GCC context, the UAE's fuel prices often serve as a benchmark for regional markets. Neighbouring Saudi Arabia, for instance, has maintained its Gasoline 91 price at a stable SAR 2.18 per litre for February 2026, according to market data.

This price drop is particularly relevant as families plan their travel and budgets. With the cooler winter months being prime time for road trips across the Emirates and into neighbouring Oman, the lower diesel price also benefits commercial transport and logistics costs.

Looking Ahead: Will Prices Continue to Fall?

The direction of fuel prices remains tied to global geopolitical events, OPEC+ production decisions, and international demand. While the February drop is positive, the market remains volatile.

The UAE's transparent monthly announcement system at least allows consumers and businesses to plan their finances with a clear view of the coming month's transportation costs. Motorists can expect the next price announcement for March 2026 around the end of February.

For now, drivers across the UAE can enjoy a slightly lighter financial load when they next visit the pump.

Source: UAE Fuel Price Committee, Khaleej Times, Gulf News, Gulf Business