Skip to content Skip to Search
Skip navigation

UAE fuel prices rise nearly 10% in November 2022

By Pramod Kumar
Emarat
Fuel prices across the UAE were deregulated from August 2015

Fuel prices have increased in the UAE this month (November 2022), state-owned Emirates General Petroleum (Emarat) said in a tweet.

Prices of Super 98 rose 9.6 percent to AED3.32 ($0.90) from AED3.03 in October. Special 95 jumped 9.6 percent to AED3.20 from AED2.92, while E-plus 91 increased nearly 10 percent to AED3.13 from AED2.85 in October.

Diesel prices edged up 6.6 percent to AED4.01 from AED3.76 last month.

Fuel prices across the UAE were deregulated from August 2015, as the government adopted a new policy linked to global prices, according to U.ae, the official portal of the UAE government.

The Ministry of Energy and Infrastructure and the Ministry of Finance act as the government’s representatives in a committee set up to review fuel prices every month.

In its annual outlook released on Monday, OPEC raised its forecasts for world oil demand in the medium and longer term, adding that $12.1 trillion of investment is needed to meet this demand despite the energy transition.

The oil group said world oil demand will reach 103 million barrels per day (bpd) in 2023, up 2.7 million bpd from 2022. The 2023 total demand is up 1.4 million bpd from last year’s prediction, the report said.

Latest articles

Members of the crew of the Bahamas-flagged vessel Galaxy Leader following their release by Yemen's Iran-aligned Houthis

Shipping giants not yet ready to resume Red Sea route

Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after a Yemeni militia announced earlier this week it will scale back hostilities against vessels transiting through the Gulf of Aden and Red Sea if the ceasefire in Gaza holds. Danish shipper Maersk and Abu Dhabi […]

Electronics, Hardware, Computer Under planned regulations, data centres will be 'fully protected, like embassies,' Saudi Arabia says

Foreign data centres will be secure, promises Saudi minister

A regulatory framework to protect foreign-owned data centres set up in Saudi Arabia is being planned that will treat them in a similar way to embassies, as the kingdom seeks to become a global destination for the industry. The Saudi finance minister, Mohammed Al-Jadaan, speaking at the World Economic Forum in Davos, outlined the country’s […]

With the acquisition of the Oman business, Americana operates 450 Pizza Hut restaurants across the Mena region

Americana acquires Pizza Hut business in Oman

Americana Restaurants, the largest food service business in the Mena region, has acquired the Pizza Hut brand in Oman from the Khimji Ramdas Group.  The restaurant operator said the acquisition includes 46 Pizza Hut restaurants which had an annual revenue of approximately $11 million in 2024.  The additional outlets increase its Pizza Hut restaurants across […]