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Economy

UAE cuts November petrol prices 5.6%, diesel edges down 1.04%

UAE petrol prices fall about 5.6% for November 2026, with diesel down 1.04% from October.

· Last verified: 31 Oct 2026 (Al Bayan (citing WAM), CNBC Arabia, Sharjah 24)

Summary

  • UAE petrol prices fall about 5.6% for November 2026, with diesel down 1.04% from October.
  • Special 95 drops to AED 4.04 per litre from AED 4.28; diesel settles at AED 4.75.
  • Lower pump prices cut operating costs for transport, distribution and fuel-intensive businesses through November.

The latest

Petrol prices in the UAE will fall about 5.6% in November 2026, the steeper of two cuts approved for the month, with diesel easing 1.04% from October levels. The Fuel Price Committee set Special 95 at AED 4.04 per litre and diesel at AED 4.75, Al Bayan reported citing the Emirates News Agency (WAM) on Saturday 31 October.

Details

  • The headline grade: Special 95, the most widely used grade at UAE pumps, was set at AED 4.04 per litre for November against AED 4.28 in October, according to a comparison published by CNBC Arabia. The 24-fils cut is the same absolute reduction applied across all three petrol grades.
  • Premium and economy: Super 98 was set at AED 4.16 per litre, down from AED 4.40 in October, while E-Plus 91, the cheapest grade, drops to AED 3.97 from AED 4.21. E-Plus 91 falls back below the AED 4 mark, according to CNBC Arabia's comparison of the two months.
  • Diesel lags: Diesel was set at AED 4.75 per litre versus AED 4.80 in October, a cut of 5 fils or 1.04% — roughly a fifth of the percentage reduction applied to petrol. Diesel remains the most expensive fuel at UAE pumps, priced above all three petrol grades.
  • Who decides: The decision was taken by the committee that tracks gasoline and diesel prices in the UAE, which approved the November 2026 schedule. The announcement did not attach the cut to any named official or spell out the individual inputs behind this month's calculation.
  • The mechanism: The committee announces fuel prices on a monthly cycle, adjusting them in line with movements in global prices, according to the WAM report carried by Al Bayan. That links domestic pump rates directly to international market shifts rather than to a fixed administered price.
  • Who feels it: The 5.6% petrol cut lowers running costs for transport operators, distribution fleets and fuel-intensive businesses across the UAE during November. Diesel's far smaller reduction means heavy freight and logistics operators, which run primarily on diesel, capture little of the month's relief.
  • Retail context: Pump prices are applied at the country's fuel retail networks, including ADNOC Distribution and ENOC. The announcement set the rates per litre without specifying any variation by emirate or retailer.
  • The reporting chain: The figures were distributed by WAM and carried by Al Bayan and Sharjah 24, with CNBC Arabia publishing the month-on-month comparison against October's rates. No forward guidance for December was issued alongside the November schedule.

Between the lines

The gap between the two cuts is the story: petrol fell 5.6% while diesel moved 1.04%, so the relief is weighted toward passenger and light commercial users rather than heavy freight. Because the committee resets prices monthly against global markets, November's discount is explicitly provisional — it can reverse in full at the next announcement.

What's next

The committee's next monthly announcement, covering December 2026 prices, is the trackable signal, along with whether diesel continues to diverge from petrol and whether E-Plus 91 holds below AED 4 per litre.

Source: Al Bayan (citing WAM), CNBC Arabia, Sharjah 24