UAE Petrol Price Forecast: Will Rates Rise in February 2026?

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As January comes to a close, UAE motorists are closely watching the upcoming announcement from the Fuel Price Committee. After a welcome price drop at the start of the year, the latest petrol price forecast for February 2026 suggests a moderate upward shift. Specifically, global crude prices have firmed up over the last three weeks. Brent crude is currently trading in the $63–$66 range. Consequently, analysts expect a small increase in retail prices at the pump. While a massive spike is unlikely, preparing for a few extra fils per litre is a wise move for budget-conscious drivers.

January 2026 Recap: Current Rates

In January, the UAE government provided a significant boost to consumer spending power by cutting fuel prices. Notably, the rates were set as follows:

  • Super 98: Dh2.53 per litre
  • Special 95: Dh2.42 per litre
  • E-Plus 91: Dh2.34 per litre
  • Diesel: Dh2.55 per litre

However, these rates were based on lower oil benchmarks from December. Therefore, as global demand stabilizes in early 2026, the February adjustment will likely reflect the recent market recovery.

[Image Suggestion: A digital fuel pump display in Dubai showing the different petrol types]

Why the Forecast Points Upward

Several factors are driving the current petrol price forecast. Firstly, OPEC+ members, including the UAE and Saudi Arabia, have maintained a disciplined production strategy. Indeed, this supply control has prevented oil prices from dipping too low. Moreover, geopolitical stability in key shipping routes has reduced “fear-based” volatility, but the overall floor for oil remains higher than it was last month. In addition, diesel prices may face more pressure due to high industrial demand during the UAE’s busy winter project season.

Comparing January vs. February (Projected)

Fuel TypeJanuary 2026 (Actual)February 2026 (Estimated)
Super 98Dh2.53Dh2.58 – Dh2.62
Special 95Dh2.42Dh2.46 – Dh2.50
DieselDh2.55Dh2.60 – Dh2.64

How to Manage Your Fuel Budget

The UAE’s transparent pricing system allows residents to adjust their habits monthly. As a result, if you drive a heavy SUV or have a long commute from Sharjah to Dubai, filling your tank before January 31 might save you a few dirhams. Notably, even with a slight rise, UAE petrol remains significantly more affordable than the global average. Furthermore, keep an eye on official MoE (Ministry of Energy) channels on the night of January 31 for the final confirmed rates.

Conclusion: A Balanced Outlook

In conclusion, the petrol price forecast for February indicates a “correction” rather than a crisis. Indeed, the Fuel Price Committee continues to balance international market realities with local economic stability. Therefore, while you might pay slightly more next month, the increase is expected to be manageable for most households. Stay tuned as we bring you the official live update the moment it drops!