UAE increases fuel prices for the month of November – Gulf Today

UAE increases fuel prices for the month of November – Gulf Today

A car pulls over at a gas station.

Gulf Today, Staff Reporter



The UAE energy ministry has increased the prices of petrol and diesel for the month of November, taking effect on Nov.1.



These prices include a value-added tax of 5 per cent.



The November’s new price of a litre of Super 98 petrol will be sold at Dhs3.32 per litre in all fuel stations. It was Dhs3.03 per litre in October.



The price of a litre of Special 95 petrol will be at Special 3.20. In September, it was Dhs2.92.



Diesel will be sold at Dhs4.01. It was Dhs3.76 in October.

E-Plus will be available for Dhs3.13. The October price for E-Plus was Dhs2.85.



On the other hand, Opec raised its forecasts for world oil demand in the medium- and longer-term in an annual outlook released on Monday and said $12.1 trillion of investment is needed to meet this demand despite