Govt Increases Prices for Petrol and Diesel

diesel-&-petrol

Diesel prices, liter in all countries:

Diesel prices, 25-Sep-2017: The average price of diesel around the world is 0.95 U.S. Dollar per liter. However, there is substantial difference in these prices among countries. As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export oil have significantly lower prices. One notable exception is the U.S. which is an economically advanced country but has low gas prices. The differences in prices across countries are due to the various taxes and subsidies for diesel. All countries have access to the same petroleum prices of international markets but then decide to impose different taxes. As a result, the retail price of diesel is different.

Note: The prices for the countries with a * are updated weekly. The data for the remaining countries are updated monthly.

0 Comments

Leave a Comment

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register

%d bloggers like this: