REVEALED: World's cheapest petrol prices

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Saudi Arabia has ranked the world’s second cheapest country to purchase retail gas behind with the average cost of a gallon of fuel setting drivers back US$0.45.

REVEALED: World's cheapest petrol prices 

Buying petrol in the world’s largest oil exporter is US$0.39 more expensive than Venezuela, the world’s cheapest country to purchase gas, according to the Bloomberg Gas Price Ranking.

Kuwait and the UAE rank third and fifth with the average cost of a gallon of petrol priced at US$0.81 and $1.77, respectively.

The Bloomberg Gas Price Ranking sorts 60 countries by average retail price and by "pain at the pump", which measures the percentage of average daily income needed to buy a gallon of fuel.

REVEALED: World's cheapest petrol prices

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Just

Your first two paragraphs are incomprehensible.

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearingTerms and conditions

Further reading

Features & Analysis
Saudi Arabia sees win-win in solar energy boom

Saudi Arabia sees win-win in solar energy boom

Gulf kingdom saves billions of dollar of crude for export while...

A nuclear kingdom?

A nuclear kingdom?

Saudi Arabia’s plans for nuclear power could be enough to satisfy...

Solar dawn

Solar dawn

The inauguration of the UAE’s Shams 1 CSP plant has seen the...

2
Most Discussed
  • 34
    Are there too many Brits in the UAE?

    Could you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more

    Friday, 24 May 2013 1:26 PM - Khalid
  • 9
    Euro leagues could challenge Qatar 2022 in court

    I was in Qatar yesterday and I had a good chuckle to myself about it all. There are three possible outcomes - all of which will be a monumental mess. ... more

    Thursday, 23 May 2013 3:35 PM - Steve
  • 5
    Kuwait's traffic chief defends expat deportations

    Sadly, The cops don't even understand English & they are not willing to listen to anything. They do as they like, It is my wish that wherever the citizens... more

    Friday, 24 May 2013 6:02 PM - Expat in Kuwait
  • 45
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 34
    Are there too many Brits in the UAE?

    Could you imagine what would happen if a large proportion of the educated, professional worker population suddenly left (let alone the domestic workers... more

    Friday, 24 May 2013 1:26 PM - Khalid
  • 28
    Bahrain MPs vote to ban pork in kingdom

    If one wants to visit or live in Bahrain one must abide by the laws. Living without pork is no huge sacrifice. Muslim and Jewish nations subscribe to this... more

    Saturday, 25 May 2013 6:05 PM - Jeffrey Kershaw