The UAE has officially released its fuel pricing schedule for June 2026, marking a significant milestone as the first update since the nation's departure from OPEC and OPEC+ in May. Effective June 1, motorists will see an increase in petrol costs: Super 98 is now priced at Dh3.95 per litre, Special 95 at Dh3.83, and E-Plus 91 at Dh3.76. Conversely, diesel prices have seen a reprieve, dropping to Dh4.33 per litre from the previous Dh4.69. This marks the third consecutive month of rising petrol costs, closely mirroring volatile shifts in the global oil market.

For many households, these fluctuations carry a tangible impact on monthly budgets, as transport costs remain a major recurring expense. This shift in pricing strategy follows the UAE’s strategic decision to exit the OPEC alliance after six decades of membership, a move that provides the country with more flexibility to ramp up oil production. Analysts are closely watching how this newfound independence will affect global supply, with potential production increases ranging from 200,000 to over 1 million barrels per day. While the long-term impact on global prices remains to be seen, the UAE’s exit is expected to alter market sentiment and challenge OPEC’s traditional influence over oil output expectations.