Supply and demand

Gasoline is the predominant fuel in the United Arab Emirates (UAE). Three gasoline grades are available in the country, RON 91, RON 95 and RON 98 gasoline. Nevertheless, based on data from the Organization of Arab Petroleum Exporting Countries (OAPEC), there is no distinct breakdown of production and consumption figures categorized by octane grade.

Generally, the UAE’s gasoline consumption is always higher than production. In 2017, gasoline production decreased from 136,000 barrels/day (b/d) in 2016 to 90,200 b/d. This reduction was primarily a result of the Organization of the Petroleum Exporting Countries (OPEC) aiming to stabilize global oil prices. As part of this effort OPEC members, including the UAE, agreed to curtail their oil production, which continued through th