UAE fuel prices out today: How much will petrol rise in November?
Dubai: UAE petrol and diesel prices for November are expected to be announced today, with another increase possible after international crude oil prices climbed sharply during October, bringing Brent close to $120 a barrel. Get updated faster and for FREE: Download the Gulf News app now - simply click here. The UAE's monthly fuel-price announcement comes after a period of sustained pressure on…
Dubai: The UAE's petrol and diesel prices for November are expected to be announced today, with the potential for further hikes following a sharp rise in international crude oil prices during October. Brent crude futures for December have risen 2.54% to $117.80 a barrel, while the January contract increased 2.61% to $113.84. US West Texas Intermediate (WTI) also gained 2.61% to $104.66.
These movements indicate that November's fuel prices could remain upward-pressured, although the exact adjustment will only be known upon the official release of the rates.
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