Will petrol prices in UAE increase, hit Dh4 a litre in May?

Petrol prices in the UAE are projected to see a significant revision in May 2026, potentially reaching the Dh4 per litre mark. This trend follows global oil price surges, with Brent crude trading consistently above $100 a barrel throughout April. The market volatility is largely attributed to geopolitical tensions and the strategic closure of the Strait of Hormuz.

For procurement professionals and industrial equipment buyers, this price hike directly impacts logistics and operational overheads. Increased fuel costs will likely lead to higher freight surcharges for equipment delivery and a rise in the operational expenses of diesel-powered machinery and on-site power generators. It is advisable to review transportation contracts and consider fuel-efficient equipment upgrades.