UAE fuel prices for November: Will rising crude push petrol costs higher?
Dubai: UAE petrol and diesel prices are most likely to rise again in November as Brent crude climbs above $116 a barrel. Prices have been oscillating during the last week of October, when prices did retreat at the start of the week, but quickly climbed at up breaching the crucial $116 per barrel mark. The quick spike will be important ahead of the country's monthly fuel-price review. Brent, the…
UAE fuel prices may rise again in November as Brent crude surpasses $116 a barrel, according to the latest market trends. Brent, a global oil benchmark, climbed to $116.1 a barrel on Friday and December contracts rose towards $117 a barrel. Petrol prices in October ranged from Dh4.40 per litre for Super 98 to Dh4.28 for Special 95 and Dh4.21 for E-Plus 91.
Diesel cost Dh4.80 per litre. A 10-fils rise would add Dh6 to a 60-litre petrol fill, while a 20-fils increase would add Dh12. October prices are still below the July 2022 record levels, which were Dh4.63 for Super 98, Dh4.52 for Special 95, and Dh4.44 for E-Plus 91.
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