UAE fuel prices for November are lower across every petrol grade, ending three straight months of increases. The UAE fuel price committee cut Super 98, Special 95 and E-Plus 91 by 24 fils a litre from 1 November, while diesel fell by only 5 fils. For businesses that run cars, vans and motorbikes, this is a modest but welcome cost cut. For firms that run trucks, very little has changed.
The short version
- Special 95 now costs AED 4.04 a litre, down from AED 4.28 in October; Super 98 is AED 4.16 and E-Plus 91 is AED 3.97.
- Diesel falls just 5 fils to AED 4.75, a drop of about 1%, so freight costs barely move.
- A full 62-litre sedan tank of Super 98 costs AED 257.92, about AED 15 less than in October.
- Petrol remains far above last December, when Super 98 cost AED 2.70.
What happened
On Saturday 31 October the UAE fuel price committee announced petrol and diesel prices for November, Gulf News reported. Arabian Business said the rates were approved by the Gasoline and Diesel Prices Follow-up Committee. According to Khaleej Times, prices are set each month from the average global oil price, plus distribution companies’ operating costs.
All three petrol grades fell by 24 fils a litre, a cut of between 5.5% and 5.7%. Diesel fell from AED 4.80 to AED 4.75. This is the first fall since July. Petrol rose in August, September and October, and October alone brought increases of almost 16% on every grade, according to Arabian Business.
Petrol is 24 fils cheaper; diesel barely moves
UAE retail fuel prices, AED per litre, October vs November 2026
Why it matters
Fuel is one of the few costs that changes every month for UAE businesses, and the direction matters for budgets. The November cut came even though global oil rose in October. The National reported that Brent crude gained about 15% over the month to settle at $117.64 a barrel, and that analysts had expected UAE prices to rise. It also noted that petrol is still about 80% more expensive than in February.
Compared with last December, when Super 98 cost AED 2.70, today’s AED 4.16 is about 54% higher (Knock-On calculation). So the November cut eases the pressure but does not reverse it. Businesses planning budgets for 2027 should treat fuel as a cost that can still swing sharply from month to month. More on this in our UAE energy coverage.
The knock-on effects
First order: cheaper petrol for cars, vans and bikes
Delivery riders, ride-hailing drivers, sales teams and taxi operators run mostly on petrol. Every 1,000 litres of Special 95 now costs AED 240 less than in October (Knock-On calculation). Khaleej Times calculates that filling a full tank costs between AED 12.24 and AED 17.76 less, depending on the car and the grade.
Second order: little relief for freight
Trucks, buses, construction plant and many generators run on diesel, which fell only 5 fils. Haulage, contracting and logistics firms will see almost no change in their fuel costs. They are unlikely to cut delivery charges or freight rates because of this decision.
Third order: household spending
For households, a cheaper tank leaves slightly more money for other spending. Retail and food-service businesses benefit a little from that. The effect is small on its own, but it matters more when it comes alongside other cost changes. See our UAE business section for related coverage.
Who could benefit
- Last-mile delivery and ride-hailing operators: petrol-heavy fleets get a cut of about 5.6% in their fuel bill per litre.
- Car rental and leasing firms: clients who pay for fuel feel lower running costs, which supports demand.
- Retailers and restaurants: customers have slightly more to spend after filling up.
Who may face pressure
- Diesel-dependent firms: hauliers, contractors and bus operators get only a 1% reduction.
- Businesses that priced in a rise: anyone who set surcharges or contracts expecting higher November prices may need to review them.
- Budget planners: with Brent near $118, the cut may not last, which makes fuel costs hard to forecast.
What to watch
- December fuel prices: expected to be announced at the end of November, usually on the last day of the month.
- Brent crude through November: October’s rise in global oil prices could feed into the December decision.
- Delivery and transport fares: whether operators change fuel surcharges in November.
Sources
- Gulf News, UAE petrol, diesel prices for November 2026 announced, 31 October 2026
- Arabian Business, UAE petrol prices drop in November 2026 after three months of increases, 31 October 2026
- Khaleej Times, UAE announces fuel prices: How much will a full tank cost in November 2026?, 31 October 2026
- The National, UAE petrol prices defy expectations with surprise drop in November, 31 October 2026
This is analysis, not investment advice. Figures are as of 2 November 2026.
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