How India’s petrol costs examine with the remainder of the world?

Fuel costs have gone by the roof in June. Thirteen hikes in a single month have seen gasoline costs in India break the 100-rupee barrier in 9 states and union territories.

The value of petrol has crossed the three-figure psychological barrier in Andhra Pradesh, Telangana, Karnataka, Maharashtra, Rajasthan, Odisha, Madhya Pradesh, Jammu & Kashmir and Ladakh. Two extra, Bihar and Kerala are in touching distance and look set to affix the membership with the following hike.

As per, an internet site that tracks the “retail prices of motor fuel, electricity, and natural gas in over 150 countries”, the common value of petrol globally stood at Rs 86.85 per litre as of June 21.

While the common retail value for petrol in India, at Rs. 99.29 per litre as the identical date, was markedly above the common, there are wider fluctuations in petrol costs in numerous nations all over the world.

How India’s skyrocketing gasoline costs examine to the remainder of the world

The metropolitan offering the most affordable petrol could be Tehran with a per litre value of lower than 5 rupees in Iran (Rs 4.82). In Saudi Arabia, the other main oil producer within the gulf, a litre of petrol would value round Rs 46. In Dubai, it might value you across the identical value.

In one among Africa’s quickest booming economies Nigeria, petrol is reasonable from the Indian perspective, costing round Rs 30. On the other hand, a litre in South Africa would value round Rs 87.

Living in Kuala Lumpur, the capital of Malaysia, petrol would value round Rs 36. In Russia (Rs 50) the value of petrol is in the identical vary as what you pay in Pakistan at round Rs 52 or Indonesia at Rs 54.

In the American metropolitan metropolis of New York, a litre of gasoline prices round Rs. 60. In the metropolitan cities of China, the value of a litre of petrol is round Rs 85.

In Australia (Rs 77.83) and Mexico (Rs 79.46), petrol value per litre is lower than China. A litre in Thailand or Brazil would value round Rs 84. In Canada, filling your automotive up with gasoline will value you round Rs. 91 per litre.

Developed nations like Japan, South Korea, Germany, England and France all have costlier petrol than India.

While Japan and South Korea are solely barely above India at round Rs 102 and Rs 104 respectively, the European nations all retail petrol at over Rs 130 per litre. One of the most costly locations to buy petrol is Israel at over Rs 143 per litre.

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