In this study, a simultaneous derivatization/air-assisted liquid-liquid microextraction method has been developed for sample preparation of some phenolic compounds in fuels and engine oil. Analytes are transferred by back liquid-liquid extraction into NaOH solution and then are derivatized with butyl chloroformate and extracted simultaneously into carbon tetrachloride. The extracted derivatized analytes are analyzed using gas chromatography with flame ionization detection. The effect of extracting solvent type, derivatization agent and extraction solvent volumes, ionic strength of the aqueous solution, number of extraction cycles, etc., on the extraction efficiency is investigated. The calibration graphs are linear in the range of 3-10,000 μg/L. Enhancement factors, enrichment factors, and extraction recoveries are in the ranges of 497 to 1471, 571 to 991, and 60 to 109%, respectively. Detection limits are obtained in the range of 0.8 to 2.0 μg/L. Relative standard deviations for the extraction of each selected phenols are in the ranges of 2-4% for intraday (n = 6) and 3-6% (n = 5) for interday precisions for 200 μg/L. This technique is successfully applied for the extraction, preconcentration, and determination of the selected phenols in gasoline, kerosene, gas oil, and engine oil.