UAE fuel prices fall for November, with petrol down 24 fils a litre from today
Motorists across the UAE will pay less for petrol and diesel from 1 November after the Fuel Price Committee cut all grades, with Super 98 falling to AED 4.16 a litre in the first reduction after three consecutive monthly rises.
Motorists across the United Arab Emirates are paying less for fuel from today, 1 November, after the country's Gasoline and Diesel Prices Follow-up Committee approved lower prices for the month. The announcement, carried by the Emirates News Agency (WAM) on 31 October, ends a run of three consecutive monthly increases and gives households and businesses their first pump-price relief in four months.
Under the new rates, Super 98 petrol costs AED 4.16 per litre, down from AED 4.40 in October, a reduction of 24 fils. Special 95 petrol falls by the same 24 fils to AED 4.04, from AED 4.28, and E-Plus 91 drops to AED 3.97, from AED 4.21. Diesel eases by 5 fils to AED 4.75 per litre, from AED 4.80. The three petrol grades are each about 5.6 per cent cheaper than in October, while diesel is down by about 1 per cent.
The savings are easy to see at the pump. Filling a 60-litre tank with Special 95 now costs AED 242.40, compared with AED 256.80 in October, a saving of AED 14.40. The same tank of Super 98 costs AED 249.60, down from AED 264, and E-Plus costs AED 238.20, down from AED 252.60. A 60-litre diesel fill saves AED 3. For a driver buying 240 litres of petrol a month, the cut is worth about AED 57.60.
The prices apply from 1 to 30 November at stations across all seven emirates, including ADNOC, ENOC and Emarat outlets, and are set under the UAE's monthly fuel-pricing mechanism. That mechanism, in place since fuel prices were deregulated in 2015, tracks movements in international oil markets and translates them into domestic pump prices at the end of each month, with the new rates taking effect on the first day of the following month.
The timing of the cut is striking, because it comes despite a sharp rise in international crude prices during October. Gulf News reported that Brent crude was approaching 120 US dollars a barrel as the announcement was made, with the market unsettled by tensions around the Strait of Hormuz and the wider regional conflict. The fact that domestic prices still fell suggests the committee's calculation looked beyond a single month's spot prices to the broader pattern of global fuel costs.
For households, fuel is one of the most visible monthly expenses, and the three previous rises had steadily added to budgets for commuting, school runs and deliveries. The November cut will not reverse those increases on its own, but it breaks the upward run and gives families a slightly easier month as the year draws to a close. Businesses that depend on transport, from logistics firms to taxi and delivery operators, will feel the diesel and petrol reductions directly in their running costs.
The announcement was reported consistently across the UAE's major outlets, with WAM, Khaleej Times and Gulf News all publishing the same four rates, which removes any doubt about the figures. The committee itself gave no detailed explanation for the size of the cut beyond the monthly mechanism's link to global prices, and it did not signal what December's rates might be.
The next review is expected towards the end of November, when the committee will announce the rates for December, taking effect on 1 December. Until then, the November prices are fixed, and motorists can plan their month around them. Whether December brings a further cut, a hold or a return to increases will depend on how global oil markets move over the coming weeks, and in particular on whether the tensions affecting Gulf shipping ease or intensify.
The cut also sits in a wider regional picture in which fuel prices have become a political issue. Pakistan, for example, raised diesel prices by Rs 2.29 a litre for the same period while keeping petrol unchanged, a reminder that neighbouring countries' pricing decisions are moving in different directions depending on their own import costs, taxes and subsidy arrangements. The UAE's deregulated monthly system, by contrast, passes global movements through more directly, in both directions.
For now, the message for UAE drivers is simple: November is cheaper at the pump than October was, by 24 fils a litre on every grade of petrol and 5 fils on diesel. The relief is modest, but after three months of rises, it is the first month in four in which the price at the pump has moved in motorists' favour.
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