As of November 2024, UAE residents are keeping a close eye on petrol prices, especially as the cost of fuel plays a significant role in daily life and economic factors like travel, logistics, and tourism. Understanding price changes and trends in fuel, including popular options like EPlus 91, Special 95, and Super 98, is essential for making informed decisions. Here, we break down the November 2024 petrol prices and explore recent trends in fuel costs across the UAE.

Petrol Prices for November 2024: EPlus 91, Special 95, and Super 98

The UAE government periodically adjusts fuel prices, and November 2024 brings stable prices for several common grades of petrol. 

• EPlus 91 Price: 2.55 AED 

• Special 95 Price: 2.63 AED 

• Super 98 Price: 2.74 AED 

• Diesel Price: 2.67 AED

These rates are established by the Ministry of Energy and are subject to monthly revision.

These rates are in effect until the end of November, with new prices anticipated on November 1, 2024. The slight rise in petrol prices won’t prove troublesome for UAE drivers, with filling up a tank costing significantly less than in previous months, apart from October. 

Why Petrol Prices Matter for Car Buyers in the UAE

With slight rise in the petrol costs for November, car buyers should not be discouraged to explore both new and used vehicles as fuel costs may have increased from October, but are still lower than the previous 5 months, keeping the overall running expenses reasonable. This trend impacts several car-buying decisions, from choosing the best car in Dubai to hunting for SUV cars for sale that fit both performance needs and budget.

For those considering a brand new car in Dubai, lower operational costs can make high-performance or luxury models more attractive. Additionally, the current petrol prices makes investing in larger vehicles like SUVs and high-end sedans a financially smart decision. On the other hand, those looking to buy used cars in the UAE can feel confident that operational costs will remain more affordable. For more on new cars, best used cars and even SUV cars for sale in Dubai or anywhere in the UAE information visit https://www.hyp-mobility.com/

Petrol Price Trends in the UAE (May - October 2024)

Over the past six months, petrol prices in the UAE had been on a downward trend, and the little raise in the fuel costs will not stop being beneficial to both regular drivers and businesses alike:

• May 2024: AED 3.15 (EPlus 91) to AED 3.34 (Super 98)

• June 2024: Prices dropped slightly, from AED 2.95 to AED 3.14

• July 2024: Another decrease to AED 2.80 for EPlus 91 and AED 2.99 for Super 98

• August 2024: Small increases, bringing prices up to AED 2.86 - AED 3.05

• September 2024: Prices fell again to AED 2.71 (EPlus 91) and AED 2.90 (Super 98)

• October 2024: The price fall continued with AED 2.47 (EPlus 91) and AED 2.66 (Super 98)

The current increase in prices has been insignificant for consumers, especially for those with larger vehicles. Lower fuel prices reduce daily travel expenses, which, in turn, attracts buyers toward powerful vehicles like SUVs and high-performance sedans. For those searching for a brand new car price in Dubai, these savings can offset higher car costs by lowering long-term expenses.

Frequently Asked Questions (FAQs)

How UAE’s Fuel Price Committee Determines Petrol Prices

In 2015, the UAE’s fuel prices were liberalized, allowing them to align with global oil rates. This decision by the Fuel Price Committee was made to maintain transparency and ensure residents benefit from competitive market prices. Monthly adjustments now reflect international pricing trends, making UAE’s petrol costs responsive to global economic shifts.

Conclusion: Plan Your Purchase Around Lower Fuel Prices

Whether you’re considering a new vehicle or one of the best used cars in Dubai, understanding the current petrol price in UAE can help guide your choice. Even if they have increased, the fuel costs still remain low considering the overall year. This will reduce long-term vehicle expenses, making it an ideal time to explore options for new or pre-owned vehicles. Stay updated with monthly price changes to make the best decision for your budget and travel needs.