Petrol price in UAE today: Check November 2024 fuel price

Key Highlights

• Check the latest petrol price in the UAE today
• Learn the latest fuel prices in the UAE including Diesel, Super 98, EPlus, Special 95
• See the fluctuations & comparison with the previous month's fuel prices

Petrol prices in UAE for November 2024 have been announced. The fuel prices in the UAE have increased as compared to the petrol prices in October 2024. We have a detailed list & comparison ready for you to understand how much it will cost to tank up your vehicle in November 2024 in the UAE. Additionally, check the UAE's fuel prices, including Super 98 and diesel below.

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Petrol Price in UAE - November 2024 update details

Continuing the discipline of announcing the fuel prices for the next month, the UAE fuel price committee has finally announced the petrol price in UAE for November 2024. With the global prices for fuel increasing, the petrol prices in UAE in November were expected to rise, and that is what has happened. The fuel prices in the UAE have increased for November 2024 and will be implemented across the UAE from November 1.

The fuel prices in UAE for November 2024, in comparison to October 2024 prices, are as follows:

As mentioned above, the Special 95 will now cost AED 2.63 as compared to the AED 2.54 in October. The Super 98 is going to cost AED 2.74 as compared to AED 2.66 in October. The E-Plus 91, a popular fuel grade, will now cost AED 2.55, as compared to AED 2.47 in October. The diesel users can avail the fuel at AED 2.67 as compared to AED 2.6 for October.

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Petrol price in UAE - How is it decided?

UAE's government used to subsidise fuel before 2015. The heavy subsidy rates ensured that the petrol prices in UAE did not fluctuate. However, post-2015, this law was changed & a fuel price committee was set up. This committee, after analysing the international oil rate market, rolls out new prices monthly. These prices are announced on the last day of the previous month. For example, the petrol prices in October have been announced today, the last day of September.

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Why does the petrol price in UAE change?

Petrol price in the UAE keeps fluctuating for multiple reasons. These reasons include regularisation as well as demand & supply factors. Some of the crucial factors affecting the fuel prices in the UAE are as follows:

• Based on the demand & supply, the fuel-producing nations can control the international crude oil market, therefore, affecting the petrol price in UAE as well.
• OPEC (Organization of Petroleum Exporting Countries) is a committee that can regulate the crude oil supply prices timely, to ensure a subtle monetary compensation & flow among its members.
• The taxation system of a nation & other duties on the petroleum industry can also affect & fluctuate the petrol prices.
• In extreme conditions of a natural calamity, if the demand & supply are disturbed, the fuel prices will fluctuate as well.

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Our verdict

The petrol price in UAE for October 2024 has come down from the previous month's pricing. This downfall is a result of the fluctuations in the international crude oil market. The petrol & diesel prices in UAE are relatively low & it is going to be a less costly month for vehicle users in terms of fuel expenses.

FAQs

Does the petrol price in UAE change every month?

Yes, the UAE Fuel Price Committee is responsible for maintaining a flow of fuel prices monthly, and hence, the petrol price in UAE fluctuates depending on the international crude oil market.

What is the petrol price in UAE for November 2024?

The petrol price in UAE for October 2024 is between AED 2.5 - AED 2.74, depending on the fuel grade.

When will the petrol price for December 2024 be revealed?

The petrol price for November will be revealed on November 30.

Is petrol more costly than diesel in the UAE?

As per the petrol price in UAE for October 2024, the petrol & diesel prices are identical, depending on the fuel grade.