Motorists will expect lower oil prices in November as the UAE fuel price committee released its announcement on the revised fuel prices.
Diesel prices are now set at Dh2.38 per liter, lower than October’s Dh2.41 per liter.
Super 98 petrol will he Dh2.20 per liter in November. This is lower than the Dh2.24 a liter last month.
Special 95 will cost Dh2.09 a liter compared to the last month’s Dh2.12 per liter.
The drop on fuel prices has started last September. This is a welcome development for investors amid concerns on the ongoing trade war between the United States and China.
The oil prices released by the Ministry of Energy and Industry include VAT.