UAE Petrol Prices November 2026: Will Fuel Go Up or Down?

How UAE fuel prices are set

The UAE Fuel Price Committee announces the next month's prices on the last day of each month. Prices follow the average global oil price over the previous month, so October's oil prices largely decide November's pump prices.

What oil is doing in October 2026

• Brent is trading around USD 100 to 102 a barrel in the first week of October, down from close to USD 110 in September
• Supply is recovering: Saudi Arabia has restored its East-West pipeline and Gulf crude shipments are reported back near pre-war levels
• G7 countries agreed to release 100 million barrels from emergency reserves
• OPEC+ kept production targets unchanged for November
• Risks remain: renewed tanker attacks in the Strait of Hormuz and missile strikes in the region keep prices volatile

Three scenarios for November

• Most likely, flat to slightly lower: if Brent averages around USD 100 in October, Special 95 could ease a little from AED 4.28
• Bigger drop: if Hormuz shipping normalises and Brent slides toward USD 90, a more noticeable cut is possible
• Another rise: if attacks escalate and Brent goes back above USD 110 for much of October, prices could climb again

These are our reading of the market, not official forecasts. Oil can move several dollars in a day on regional news.

How far prices have moved in 2026

• February: Special 95 at AED 2.33, the low point of the year
• April: AED 3.28, the first big jump after the conflict began
• June: AED 3.83
• July: AED 3.29, a temporary dip
• September: AED 3.69
• October: AED 4.28, up about 84% on February

What it means if you are buying a car

Even if November brings a small cut, fuel is likely to stay well above early-2026 levels for months while global inventories rebuild. If you are choosing a car now, fuel economy is worth weighing as much as price. For a driver covering 2,500 km a month, a compact sedan costs around AED 700 a month to fuel at today's prices, against more than AED 1,600 for a large V8 SUV.

At Carology every car is sold at one all-inclusive price with insurance, RTA registration, inspection and ownership transfer included, and we can buy your current car in the same visit.