UAE Announces Slight Fuel Price Adjustments for November 2024

 


The UAE government has set the fuel prices for November 2024 after reviewing global oil market trends. The Fuel Price Follow-up Committee determined the cost of gasoline and diesel would require minor adjustments this month. 


Super grade gasoline will be priced at AED 2.74 per liter. Special grade gasoline comes in at AED 2.63 per liter, while E-Plus grade is AED 2.55 per liter. Gas oil or diesel fuel was set at AED 2.67 per liter. These reflect only small changes compared to previous months. 


The committee monitors international benchmark oil rates regularly to determine domestic retail fuel costs. By cautiously revising local pump prices monthly, they aim to balance the needs of consumers and energy companies. Fuel is a major expense in the UAE, so stability in pricing helps households and businesses in planning.


No sharp rises were deemed necessary given stable crude oil costs lately. Global supply and demand for energy has remained fairly balanced. The UAE also strives to shelter consumers from extreme volatility through this measured approach to fuel tariffs over time. 


Citizens and residents will thus find fuel availability consistent through November at only marginally altered rates set by the special committee. Their timely announcements give motorists transparency around upcoming fueling expenses.


The latest adjustments maintain the UAE's reputation as a competitive market with reasonably priced gasoline. Retailers now display the new November prices at pumps across the country.

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