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All world countries have an access to the same petroleum prices as on international markets. However, countries' governments decide to impose different taxes according to their economic policies. As a result, the retail prices of gasoline differ considerably across countries.

Explore global petrol prices as for May 2016 on the charts and a map below and see how low gasoline can cost in producing countries in South America and the Middle East in contrast with the other world.

In some cases, like in Venezuela, the government even subsidizes gasoline and therefore people over there pay close to nothing to drive their cars.

Download our latest ENERGY cheat sheet Download

Download our latest ENERGY cheat sheet

It's a one pager PDF full of live links to energy-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the oil & gas industry, energy companies, biofuels and much more.

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