{"id":114761,"date":"2026-04-01T00:00:00","date_gmt":"2026-04-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=114761"},"modified":"2026-04-01T03:02:37","modified_gmt":"2026-04-01T03:02:37","slug":"fuel-prices-spike-as-much-as-72-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/04\/01\/fuel-prices-spike-as-much-as-72-4\/","title":{"rendered":"Fuel prices spike as much as 72.4%"},"content":{"rendered":"<p><a target=\"_blank\" id=\"kix.b446dwj6yta9\"><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The UAE Fuel Price Committee<\/strong><strong> hiked fuel prices by up to 70% for April<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/x.com\/EmaratOfficial\/status\/2038934637058404608\" style=\"\">X post<\/a>. This comes as global oil and gas prices have jumped over the past month, with Brent Crude trading above USD 100 for weeks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here\u2019s the breakdown per liter:<\/strong><\/p>\n<ul>\n<li><strong>Super 98<\/strong> is now 3.39 AED, up from AED 2.59 in February (+30.9%);<\/li>\n<li><strong>Special 95<\/strong> is AED 3.28, up from AED 2.48 (+32.3%);<\/li>\n<li><strong>E-Plus 91<\/strong> is AED 3.20, up from AED 2.40 (+33.3%);<\/li>\n<li><strong>Diesel<\/strong> is AED 4.69, up from AED 2.72 (72.4%).<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This follows <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/02\/this-morning-intl-players-assess-uae-operations-amid-strikes-opec-to-raise-production-in-april\/\" style=\"\">last month\u2019s rise<\/a><\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/02\/this-morning-intl-players-assess-uae-operations-amid-strikes-opec-to-raise-production-in-april\/\" style=\"\"><\/a>, which was the end of lower oil prices after costs dropped in both <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/05\/this-morning-fuel-prices-slashed-for-january-minimum-wage-hiked-for-emiratis\/\" style=\"\">January<\/a> and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/02\/this-morning-carlyle-could-tap-a-uae-investor-for-lukoil-acquisition-fuel-prices-down-again-in-february\/\" style=\"\">February<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While the committee does not usually disclose its methodology, rates are generally linked to average global prices alongside operating costs<\/strong> to allow distributors reasonable margins, Khalij Economics Director and GCC analyst at GlobalSource Partners Justin Alexander told EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cPetrol prices typically move in line with monthly shifts in Brent or Murban<\/strong>, while April\u2019s data suggests diesel is likely tied to a different reference basket,\u201d he added. Diesel saw the sharpest increase, while gasoline rose within the 31-33% range, roughly in line with the 40% increase Brent has seen, he explained. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Expect this to trickle down \u2014 and be felt by consumers: <\/strong>\u201cThe increase is expected to feed into broader inflation [...] particularly given diesel\u2019s central role in freight and agriculture,\u201d he said, though he added that a lag is expected as to when this will show up in inflation data. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increases are set to lead to more inflation, especially given diesel\u2019s central role in freight and agriculture<\/p>\n","protected":false},"author":1,"featured_media":114762,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2414],"tags":[19,143,7,285,1813,2413],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-114761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-big-story-today","tag-economy","tag-energy","tag-enterpriseam-uae","tag-inflation","tag-oil-gas","tag-the-big-story-today","wpautop","entry"],"acf":{"mongo_id":"7508199a-5c27-4ec4-9a78-bed3733614bb","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/153.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Fuel prices spike as much as 72.4%","related_issue":[114756],"teaser":"The increases are set to lead to more inflation, especially given diesel\u2019s central role in freight and agriculture"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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