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How much does fuel cost in Arab countries?

Gasoline prices vary from country to country due to various factors.
By TRENDS Desk
November 7, 2021 1:45 pm
  • The world usually buys gasoline at the same price, with the current global average being $1.21 per liter
  • However, the price at which gasoline is sold by each country varies because of national and provincial subsidies and tax rates

If you own or are dependent on any vehicle or a generator in any country in the Arab world, chances are you always keep an eye on fuel prices.

If they go up, travel and powering your home becomes costlier. If they go down, you have a little extra cash to splurge on yourself.

Now, the world usually buys gasoline at the same price, with the current global average being $1.21 per liter.

However, the price at which gasoline is sold by each country varies because of national and provincial subsidies and tax rates.

This price disparity is a reality for Arab countries as well.

However, merely producing great quantities of oil or having a shortage does not dictate whether a country will have the cheapest or costliest gasoline.

If that were the case, then fuel would have been cheapest in Saudi Arabia, and dearest in Lebanon.

Yet, these two are definitely not at the opposite extremities of the same spectrum.

Here’s how Arab countries stand when it comes to gasoline prices per liter:

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