Gasoline and diesel fuel prices announced in the UAE for November 2026

The United Arab Emirates (UAE) has published its fuel prices effective for November 2026. According to the announcement, rates across all fuel categories have decreased compared to the prices set in October.

This recent price reduction marks a pullback after three consecutive months of rising fuel costs. The previous decrease occurred in July, which followed four months of continuous price increases linked to the war between the US and Iran.

Fuel prices approved by the UAE Ministry of Energy are set monthly. They are calculated based on the average global oil price, followed by the addition of distributors' operating expenses.

The new tariffs will take effect on November 1st. Depending on the vehicle type, a full tank of gasoline in November will cost Dh12.24 – Dh17.76 less than in October.

Data on refueling costs for tanks with capacities of 51, 62, and 74 liters has been provided.

Changes in gasoline prices may affect the monthly expenses of UAE households, as fuel is a regular expenditure for many families. Even a small increase can eventually strain budgets and require drivers to spend more on refueling.

Previously, in 2022, the UAE faced record fuel prices amid the war between Russia and Ukraine, when the cost exceeded Dh4 per liter for the first time.

Drivers in South Africa may experience some relief at gas stations next week as fuel prices are expected to decrease, despite rising global oil prices and a weakening rand.

According to the latest data from the Central Energy Fund (CEF), there is a shortfall in revenue from petrol and diesel, indicating a potential price increase before accounting for the temporary reduction in fuel levy.

However, planned government levy reductions should offset this increase, leading to lower fuel prices after the adjustments take effect in November.

The latest CEF figures, covering the period up to October 28, show a revenue shortfall of approximately 1.23 rand per liter for petrol 93 and 1.07 rand per liter for petrol 95. Diesel also shows a shortfall, with grade 0.05% at about 1.44 rand per liter, and grade 0.005% at 1.35 rand per liter.

The expected price drop is linked to the government's decision to temporarily reduce the overall fuel levy as part of measures announced by Finance Minister Enoch Godongwana. From November 4 to December 1, the levy will be reduced by 1.50 rand per liter for petrol and by 3 rand per liter for diesel.

These reductions are intended to mitigate the impact of rising fuel costs and limit the effect on drivers. According to the latest forecasts, petrol 93 could fall by approximately 23 cents per liter, and petrol 95 by about 38 cents. Diesel prices are projected to decrease by approximately 1.57 rand per liter for grade 0.05% and by 1.65 rand for grade 0.005%.

Despite the expected decrease, economists warn that lower fuel prices may not lead to a significant improvement in household financial situations. Higher international oil prices and a weaker rand continue to put pressure on fuel costs. These factors may also affect transport costs and the prices of goods and services.

Furthermore, economists point to borrowing costs, inflation, and slow economic growth as challenges facing South African households. Thus, the temporary levy reduction is expected to provide only short-term relief and not solve the broader cost of living issues faced by consumers.