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Wed 30 Oct 2019 11:19 AM

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UAE petrol prices in November to fall for third month in a row

Prices also fell 4 percent in September a 2 percent in October

UAE petrol prices in November to fall for third month in a row

On Tuesday, global oil prices fell ahead of expected data that will show that US crude inventories have gone up.

Fuel prices for motorists across the UAE will go down in November for the third month in a row, according to the latest announcement from the country’s Fuel Price Committee.

As per the new prices, Super 98 will fall 1.7 percent from AED 2.24 to AED 2.2, while the price of Special 95 dropped 1.4 percent from AED 2.12 to AED 2.09.

Diesel prices will go down 1.2 percent from AED 2.41 to AED 2.38.

UAE fuel prices have been driven by the market since August 2015.

November will mar the third consecutive month that fuel prices have gone down, after dipping 4 percent in September and 2 percent in October.

Prices were rising in 2019 until a 10 percent decrease in July.

On Tuesday, global oil prices fell ahead of expected data that will show that US crude inventories have gone up.

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