ALBAWABA - The UAE Fuel Price Committee announced petrol prices for November 2024 with a slight increase in total prices. The new prices will apply tomorrow, 1st of November 2024.
Petrol Prices for November 2024 in UAE
Super 98 petrol will cost Dh2.74 per liter, compared to Dh2.66 in October. While Special 95 Petrol will cost Dh2.63 per liter, compared to Dh2.54 last month. E-Plus 91 Petrol will be charged for Dh2.55, compared to Dh2.47 a liter in October.
Furthermore, diesel is experiencing a slight increase as the liter will be charged for Dh2.67 compared to Dh2.6 in October.
Petrol prices are constantly going through hikes and fluctuations due to the decisions of the Organization of Petroleum Exporting Countries (OPEC), global supply and demand, natural incidents, taxes, interest rates, and conflicts in the region.
It is worth mentioning that Brent crude oil prices were nearly priced to $72.6 per barrel in October down from $78.63 in August. This major decline was recorded due to the increased supply and Saudi Arabia's plans to boost production.
Prices for petrol and diesel prices are going through a slight increase this month in the UAE and the new prices will apply from tomorrow, the first of November 2024.
Gold prices are peaking in the country, hitting high records. Ounce of gold recorded Dh10,235.90 today compared to Dh9,769.40 at the beginning of October. (Shutterstock)
Gold prices in the UAE
Gold prices are peaking in the country, hitting high records. An ounce of gold recorded Dh10,235.90 today compared to Dh9,769.40 at the beginning of October, while 24 Carat is priced at Dh337.25 compared to Dh321.50 per gram last month.
22 carat of gold is priced at Dh312.25 compared to Dh297.75 per gram in October, while 21 carat is priced at Dh302.25 per gram, while it was priced at Dh288.25 last month. Finally, 18 gold carat is priced at Dh259.00 per gram, compared to Dh247.00 per gram in October 2024.
It is worth mentioning that there is a 5% value-added tax (VAT) applied to gold in UAE. Gold prices constantly change based on the price of petrol and the US dollar globally.
