Chron.com (blog) | U.A.E. cuts fuel subsidy as oil crash hammers Arab economies - Fuel Fix Chron.com (blog) Gasoline is now subsidized in the U.A.E., the second-biggest Arab economy and home to about 6 percent of the world's oil reserves. Unleaded gasoline 98 octane in the U.A.E. sells for 1.83 dirhams (50 cents) a liter, according to prices on the ministry ... Oil prices could rise as UAE ends price controls | CTV News UAE oil price deregulation: How it will work | GulfNews.com |