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 latest global petrol prices 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.
The Automotive Data Brief reviews the most recent data to present an overall picture of the automotive sector. You can find information relating to vehicle production and sales as well as statistics about fuel prices, vehicle stocks, and the electric-vehicle market.
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