The UAE has announced revised fuel prices for November, marking a decrease across all categories after last month’s rise. The new rates, set by the UAE Fuel Price Committee, will take effect from Friday, November 1.
According to the latest update, Super 98 petrol will be priced at Dh2.63 per litre, down from Dh2.77 in October. Special 95 petrol will cost Dh2.51 per litre, compared to Dh2.66 last month, while E-Plus 91 will be available at Dh2.44 per litre, a decrease from Dh2.58 in October. Diesel prices have also seen a slight reduction, now set at Dh2.67 per litre, compared with Dh2.71 previously.
The adjustment comes after fuel prices climbed in October following two consecutive months of decline. The November revision reflects the movement in global oil markets, where crude prices have eased amid concerns about global economic growth and steady output from major producers.
The UAE’s fuel prices are reviewed monthly by the government-appointed Fuel Price Committee, which bases its decisions on global oil price trends and refining costs. The system, introduced in August 2015, deregulated fuel prices to ensure they align with international market rates, promoting transparency and sustainability in the country’s energy pricing mechanism.
Fuel price adjustments have a direct impact on transportation and logistics costs across the Emirates, influencing various sectors, including retail, aviation, and consumer goods. Analysts note that lower fuel prices for November could help ease inflationary pressures and reduce overall costs for both motorists and businesses.
Since deregulation, the UAE has been among the first countries in the region to link domestic fuel prices to global benchmarks, reflecting fluctuations in crude markets while maintaining a transparent monthly pricing structure.
The country’s energy policy continues to focus on balancing consumer affordability with sustainability goals, as it expands investment in clean and renewable energy sources. The UAE aims to achieve net-zero emissions by 2050 and is currently hosting initiatives to promote electric mobility and alternative fuels as part of its broader environmental strategy.
The latest price drop offers some relief to drivers following last month’s increase, with the new rates expected to remain in effect throughout November unless significant volatility occurs in international oil markets.
