Published On: Wed, Oct 12th, 2011

Petrol price comparison in different countries

Petrol Price comparison in various countries

Petrol Price comparison in various countries

Petrol prices has been a hot topic since the latest price hike which puts a litre of petrol at Rs70 in India. But after this people have started blaming the government (read as: congress) for all the hike and above all they have totally neglected the international crude oil price fluctuations and other things.

I personally am not against or with any political group, I just want true facts should be known by all. This article has been put up as nowadays I see a lot of pictures with a chart of comparison of fuel prices between different countries and they show that the government has uselessly increased the price of petrol.

 

The reasons of petrol hike & subsidy

You should know that India has limited petroleum reserves and wherever we have are located at difficult terrain.

Oil consumption in India has been increasing at the rate of 7% every year. India is currently the fourth largest oil consumer in the Asia Pacific region, after Japan, China and South Korea.

For FY 2008-09, the subsidy contribution of each of the four sensitive petroleum products namely, Domestic LPG, PDS Kerosene, Petrol and Diesel in the total subsidy amount of around Rs 105 thousand crores provided to oil sector are 18 per cent, 28 per cent, 5 per cent and 49 per cent respectively.

Subsidies for the two cooking fuels are considered an important social instrument to help poorer households shift from biomass to modern fuels. Following the abolishment of the APM, the Government would thus provide subsidies for kerosene and LPG ex-ante in its annual budget. Subsidies would not exceed 15% of the LPG and 33% of the kerosene import parity price respectively.

Petrol Consumption India

Petrol Consumption India

Within 3 to a maximum of 5 years all budget subsidies on LPG and kerosene would be abolished and market prices would be in place for all petroleum products in India. Petrol, diesel, LPG and kerosene account for about 60% of India’s total petroleum product consumption. Diesel is India’s single most important fuel as most of its vehicles, commercial and private, have diesel engines. Over 75% of India’s crude requirement is imported.

 

The top ten oil consuming nations (as per the CIA’s World Factbook, 2008):

Country     Consumption (barrels/day)
US                      208,000,000
China               6,930,000
Japan               5,353,000
Russia              2,916,000
Germany         2,618,000
India             2,438,000
Canada            2,290,000
SouthKorea   2,130,000
Brazil               2,100,000
Mexico            2,078,000

 

Petrol prices in different counties-

Country/Territory

US$/L (95 RON)

US$/US gallon (95 RON)

Local units

Date of price

Argentina

0.92

3.48

ARS $3.25/L (95)
ARS $3.55/L (98)
ARS $3.05/L (diesel)
2010-01-13
Australia

1.50

5.68

AU$1.436/L 2011-04-08
Bolivia

0.54

2.04

B3.74/L (super)
B3.72/L (diesel)
2010-12-30
Brazil

1.53

5.79

R$2,54/L 2010-12-21
Burma

1.06

4.01

K3100/Imperial gallon (regular)
K3300/Imperial gallon (diesel)
2008-11-21
Canada

1.30

4.92

C$1.22/L 2010-06-30
China

0.946

3.58

RMB6.46/L 2010-04-24
Colombia

1.09

4.13

COL$8000/US gallon (81 Octanos)
COL$9595/US gallon (87 Octanos)
2010-11-30
Costa Rica

1.07

4.05

¢601/L (super)
¢506/L (diesel)
2009-10-01
Egypt (Cairo)

0.31

1.17

LE1.3/L <90 octane
LE1.75/L 92 octane
LE1.1/L diesel (‘solar’)
2010-11-07
Finland

2.30

8.71

€1.601/L (98E RON)
€1.364/L (Diesel)
2011-04-06
France

2.28

8.63

€1.585/L (95)
€1.468/L (diesel)
2011-04-06
Germany

2.17

8.21

€1.55/L (Super E10, 95 RON)
€1.58 (Super E5, 95 RON)
€1.61/L (Super Plus E5, 98 RON)
€1.41/L (Diesel)
2011-09-07
Hong Kong

2.16

8.18

HK$17.71/L (Super Unleaded, RON98)
HK$16.77/L (Super Unleaded, RON98)
HK$12.04/L (Diesel)
2011-04-10
Iceland

1.85

7.00

ISK 216/L (€1.37) (95)
ISK 219/L (€1.39) (diesel)
2011-02-15
India

1.58

5.98

 73.09/L (Petrol)
42.06/L (diesel)
400/14.5Kg (Domestic LPG)
2011-05-14
Indonesia

0.59

2.23

Rp 4500/L (RON 88)
Rp 8700/L (RON 92)
Rp 4500/L (Diesel)
2011-03-17
Iran

0.655

2.48

7000 Rials/L 2010-12-19
Iraq

0.38

1.44

ID 450/L (95 Octane)
ID 000/L (98 Octane)
ID 400/L (Diesel)
2010-12-30
Ireland

2.15

8.14

€1.490/L (Unleaded 95)
€1.450/L (Diesel)
2011-04-06
Israel

2.2

8.33

NIS 7.49/L (95)
NIS 7.8/L (diesel)
2011-05-1
Italy

2.19

8.29

€1.589/L (95 RON)€1.715/L (98 RON)
€1.459L (Diesel)
€1.543L (Special_Diesel)
€0.720L (LPG-autogas)
€0.904Kg (Methane-autogas)
In many filling stations is common a €0.04/l (day self-service) to €0.06/l (night self-service)
2011-07-17
Japan

1.91

7.23

¥152.7/L 2011-04-25
Malaysia

0.80

3.03

MYR 3.59/L (RON97)
MYR 3.29/L (RON95)
MYR 3.89/L (VPR)
MYR 2.73/L (Diesel)
2011-08-31
New Zealand

1.76

6.66

NZ$2.029/L (91 octane)
NZ$2.109/L (95 octane)
NZ$1.439/L (diesel)
2011-08-18
Pakistan

0.913

3.46

PKR 88.95/L (Unleaded Premium)
PKR 112.65/L (Unleaded-Hi Octane)
PKR 94.15/L (Diesel)
2011-04-03
Russia (Moscow)

0.94

3.56

RUR 30.29/L (RON 98)
RUR 27.29/L (RON 95)
RUR 25.89/L (RON 92)
RUR 23.49/L (RON 80)
RUR 25.29/L (Winter diesel)
2011-02-24
Singapore

2.01

7.61

S$2.50/L (RON 98)
S$2.16/L (RON 95)
S$2.10/L (RON 92)
S$2.00/L (Diesel)
2011-06-21
South Africa

1.49

5.64

R9.93/L 2011-06-04
South Korea

1.45

5.49

KRW 1,916/L 2011-06-19
Sri Lanka

1.46

5.53

LKR 170/L (95 Octane)
LKR 157/L (90 Octane)
LKR 110/L (Diesel)
2008-06-08
Sweden

2.30

8.71

SEK 14.38/L (95),
SEK 14.19/L (diesel)
2011-04-06
Switzerland

2.03

7.68

CHF 1.81/L (Bleifrei 95)
CHF 1.87/L (Super Plus 98)
CHF 1.94/L (diesel)
2011-04-06
Thailand

1.76

6.66

฿55.39 (RON 95)
฿51.69/L (RON 91)
฿32.19/L (Diesel)
2011-08-31
Turkey

2.64

9.99

TL 4.32/L (95 RON)
TL 3.66/L (Diesel)
2011-07-14
United Kingdom

2.13

8.06

£1.33/L (€1.48) (Unleaded)
£1.41/L (€1.57) (Super)
£1.37/L (€1.52) (Diesel)
2011-07-06
United States

1.00

3.79

$3.79/US gallon
$4.08/US gallon (diesel)
2011-04-11

 

Please leave your views on the fuel price hike.

 

Source- Wikipedia

About the Author

- I am an android developer, hacker, web developer, professional blogger and a complete tech freak. I love computers and everything related to computers. I love learning new things and sharing the knowledge with the world.



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