The UAE Fuel Price Committee will announce the retail prices for May soon, and while April saw a drop in petrol and diesel costs, signs from the global oil market suggest that the recent price decline may not continue. Despite a slight dip in oil prices, strong demand and signs of tight supply may lead to stable or modestly reduced prices for May, with no significant price drops expected unless global oil prices weaken further in the final trading days of April. What do you think—will fuel prices remain stable, or do you expect a further reduction in May?
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