May Petrol Prices rise in UAE: Impact of Iran-Israel Conflict?

Post by: Raman Preet

After a $3 per barrel global price hike in March, petrol prices surged by 12 fils per litre in the UAE for April. The nation is poised to unveil May's petrol prices on Tuesday, reflecting shifts in global rates.

With tensions escalating between Iran and Israel in April, global oil prices soared, with Brent surpassing $90 a barrel. Although prices briefly dipped to $86 midway through April, they rebounded to $89.5 by the month's end.

In April 2024, petrol prices witnessed an average increase of $4.53 per barrel compared to the previous month. Brent averaged $88.79 per barrel in April, up from $84.26 in March.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel

In the UAE, petrol prices rose for the third consecutive month in April, with Super 98, Special 95, and E-Plus 91 priced at Dh3.15, Dh3.03, and Dh2.96 per litre, respectively. This followed March's $3 per barrel average global price hike, translating to a 12 fils per litre increase for April.

The impending announcement of May's petrol prices has garnered attention, particularly among transport companies and frequent motorists, who eagerly anticipate adjustments.

Despite the increases, the UAE's average petrol price of Dh3.03 per litre remains below the global average of Dh4.93 per litre.

April 29, 2024 10:43 a.m. 7150

#trending #latest #PetrolPrices #UAE #GlobalOilPrices #BrentCrude #IranIsraelConflict #FuelCosts #Transportation #EconomicNews #EnergyPrices #FuelPriceHike #MayPetrolPrices #OilMarket #dubai #uae #ueanews #dubainews #sharjahnews #abudhabinews #dnn #breakingnews #worldnews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn

Over 90 Killed in Gaza by Israeli Strikes in Just 48 Hours

global news / world news
April 19, 2025 4:40 p.m. 350

Over 90 people, including women and kids, have died in Israeli airstrikes in Gaza in 48 hours, says Health Ministry. Israel ramps up attacks on Hamas....Read More.

Worli Metro Station Debuts on Aqua Line 3 in Mumbai

travel & tourism / travel guides
April 19, 2025 4:41 p.m. 304

Worli station on Mumbai’s Aqua Line 3 offers faster, seamless travel. It's part of the city's first underground metro, connecting Colaba to SEEPZ...Read More.

Over 90 people, including women and kids, have died in Israeli airstrikes in Gaza in 48 hours, says Health Ministry. Israel ramps up attacks on Hamas.
Read More
Worli station on Mumbai’s Aqua Line 3 offers faster, seamless travel. It's part of the city's first underground metro, connecting Colaba to SEEPZ
Read More
Gauri Khan shines at an event in an elegant all-black Tom Ford outfit, featuring a sheer bow-tie blouse, satin PJ pants, and a chic Loro Piana pouch
Read More
WrestleMania 41 Night 1 is set to explode! Roman Reigns, CM Punk, and Seth Rollins face off in a triple-threat clash. Here's who might walk out the winner.
Read More
Dubai RTA opens new bridge linking Jumeirah to Al Mina Street, cutting travel time by 67% and easing traffic as part of Al Shindagha Corridor Phase 4
Read More
Redmi Turbo 4 Pro to launch in China with a Snapdragon 8s Gen 4 chip, 2.5K display, and a huge 7,550mAh battery. Expect it to offer flagship performance.
Read More
DEWA and Microsoft showcase AI solutions to enhance productivity, creativity, and employee happiness, driving innovation across various sectors
Read More
Iran and the US resume nuclear talks in Rome, aiming to discuss Tehran's nuclear program after positive first round of discussions.
Read More
A small plane crashed into Nebraska’s Platte River near Fremont, killing all 3 on board. FAA and NTSB are looking into what caused the crash.
Read More
Sheikh Mohamed and President Déby Itno meet in Abu Dhabi to boost ties in trade, energy, and diplomacy, aiming for stronger UAE-Chad partnership and peace.
Read More
Sponsored
https://markaziasolutions.com/