Gasoline, as known in North America, but commonly referred to as petroleum in several other countries of the world is one of the most sought after commodity for running our vehicles. The actual petroleum is the crude oil obtained from underground. Crude oil is obtained from the underground and refined into its various components, one of which is gasoline. For more details on abstraction, refining of petroleum click the link: CRUDE OIL.

The pump price (or retail price to consumers) of gasoline in a country is based on costs of mining, refining, transportation, importation/exportation and government subsidies. Gasoline prices tend to be cheaper in the Organization of Petroleum Producing Countries (OPEC), countries that refines their oil locally and where there are good government and well managed government subsidies for oil production/importation and transportation/distribution.

The costs of petroleum products from various parts of the world as of November 11, 2011 are presented below. These prices will be updated every 6 months.

	Country	Gasoline Price in US cents
1	Venezuela	2.3
2	Iran	9.7
3	Saudi Arabia	16
4	Libya	17
5	Qatar	19
6	Turkmenistan	22
7	Kuwait	23
8	Oman	31
9	Algeria	32
10	Yemen	35
11	Nigeria	44
12	United Arab Emirates	47
13	Egypt	48
14	Ecuador	53
15	Malaysia	59
16	Sudan	62
17	Angola	65
18	Puerto rico	65
19	Bolivia	70
20	Kazakhstan	71
21	Azerbaijan	75
22	USA	76
23	Iraq	78
24	Indonesia	79
25	Burma	80
26	Mexico	81
27	Ghana	82
28	Russia	84
29	Panama	85
30	kyrgyzstan	85
31	Pakistan	86
32	Viet Nam	88
33	Ethiopia	91
34	Uzbekistan	92
35	Guyana	93
36	Botswana	93
37	Tunisia	94
38	Sierra Leone	94
39	Papua New Guinea	94
40	Guatemala	95
41	Guinea	95
42	Argentina	96
43	Syria	96
44	Lesotho	97
45	Jamaica	98
46	Liberia	98
47	Taiwan	100
48	Ukraine	101
49	Tajikistan	102
50	Jordan	104
51	Honduras	104
52	Benin	104
53	Jordan	104
54	Philipines	105
55	Namibia	106
56	Swaziland	107
57	Niger	107
58	Bhutan	108
59	Belarus	108
60	Nicaragua	109
61	Bamgladesh	109
62	Mozambique	111
63	China	111
64	Mongolia	111
65	Somalia	112

	Country	Gasoline Price in US cents
66	Suriname	114
67	Costa Rica	114
68	Gabon	114
69	Columbia	115
70	Fiji	115
71	India	115
72	Afghanistan	115
73	Haiti	116
74	Mauritania	116
75	Togo	118
76	South Africa	119
77	Cameroon	120
78	Canada	121
79	Tanzania	122
80	Morocco	123
81	Congo Bra	127
82	Austraila	127
83	Paraguay	128
84	DR Congo	128
85	Zimbabwe	129
86	Chad	132
87	Kenya	133
88	Chile	138
89	Peru	141
90	Thailand	141
91	Cambodia	141
92	Uganda	142
93	Mali	142
94	Burkina Faso	144
95	Romania	146
96	Albania	146
97	New Zealand	147
98	Latvia	148
99	Serbia	150
100	Bulgaria	151
101	Korea	152
102	Estonia	154
103	Brazil	156
104	Senegal	157
105	Poland	157
106	Lthunia	159
107	Cratia	159
108	Japan	160
109	Austria	163
110	Zambia	166
111	Hungary	167
112	Slovenia	167
113	Cote d'Ivoire	168
114	CAR	171
115	Malawi	171
116	Iceland	171
117	Cuba	172
118	Czech Repblic	175
119	Ireland	178
120	Caoe Verde	184
121	Sweden	184
122	Portugal	185
123	Italy	187
124	Germany	190
125	United Kingdom	192
126	Finland	194
127	France	198
128	Denmark	200
129	Greece	205
130	Norway	212
131	Turkey	252
132	Eriteria	254

Fossil Fuels - Crude Oil (Petroleum)

Oil-producing countries (Wikipedia)

OPEC (website)