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UAE Petrol Price Prediction for November 2024: Will we see Another Drop?

It’s that time once again when we look ahead and ponder what will be the petrol price in UAE next month.

In October the price of petroleum and diesel in the UAE dropped to its lowest level all year and we’re hopeful that we’ll see a further price drop in November.

The new rates for petrol price in Dubai will come into effect on Friday November 1, below are the current rates:

UAE Petrol Price Prediction for November 2024: Will we see Another Drop?

Price of petroleum and diesel in the UAE for October

  • Super 98: Dhs2.66 per litre
  • Special 95: Dhs2.54 per litre
  • E-Plus 91: Dhs2.47 per litre
  • Diesel: Dhs2.6 per litre

In 2023, petrol prices peaked in October and declined in November, December and January.

And in 2024, prices have peaked in May and have steadily declined since then.

You can see how prices have fluctuated in 2024 below.

January 2024

  • Super 98 petrol: Dh2.82 per litre
  • Special 95 petrol: Dhs2.71 per litre
  • E-plus 91petrol: Dhs2.64 per litre
  • Diesel: Dhs3.00 per litre

February 2024

  • Super 98 petrol: Dhs2.88 per litre
  • Special 95 petrol: Dhs2.76 per litre per litre
  • E-plus 91petrol: Dhs2.69 per litre
  • Diesel: Dhs2.99 per litre

March 2024

  • Super 98 petrol: Dhs3.03 per litre.
  • Special 95 petrol: Dhs2.92 per litre.
  • E-plus 91petrol: Dhs2.85 per litre.
  • Diesel: Dhs3.16 per litre.

April 2024

  • Super 98 petrol: Dhs3.15 per litre.
  • Special 95 petrol: Dhs3.03 per litre
  • E-plus 91petrol: Dhs2.96 per litre
  • Diesel: Dhs3.09 per litre

May 2024

  • Super 98 petrol: Dhs3.34 per litre
  • Special 95 petrol: Dhs3.22 per litre
  • E-plus 91petrol: Dhs3.15 per litre
  • Diesel: Dhs3.07 per litre

June 2024

  • Super 98 petrol: Dhs3.14 per litre
  • Special 95 petrol: Dhs3.02 per litre
  • E-plus 91petrol: Dhs2.95 per litre
  • Diesel: Dhs2.88 per litre

July 2024

  • Super 98 petrol: Dhs2.99 per litre
  • Special 95 petrol: Dhs2.88 per litre
  • E-plus 91petrol: Dhs2.80 per litre
  • Diesel: Dhs2.89 per litre

August 2024

  • Super 98: Dhs3.05 per litre
  • Special 95: Dhs2.93 per litre
  • E-Plus 91: Dhs2.86 per litre
  • Diesel: Dhs2.95 per litre

September 2024

  • Super 98: Dhs2.90 per litre
  • Special 95: Dhs2.78 per litre
  • E-Plus 91: Dhs2.71 per litre
  • Diesel: Dhs2.78 per litre

October 2024

  • Super 98: Dhs2.66 per litre
  • Special 95: Dhs2.54 per litre
  • E-Plus 91: Dhs2.47 per litre
  • Diesel: Dhs2.6 per litre

Fuel prices in the country were liberalised in 2015, with local rates being aligned with global oil prices.

For the past eight years, the fuel price committee has met on a monthly basis to announce revised rates.

The government hopes the measure will encourage more residents to use public transport while also incentivising the use of alternative fuels.

Source: Timeoutdubai

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