Weekly global fuel price review (April 25, 2017)

During the past week, crude oil prices dropped by 6% but retail fuel prices have retained their levels from last week. Currently, the world average prices of gasoline and diesel are 1.01 and 0.90 USD per liter respectively.

On a regional level, the European average gasoline price for the past week was 1.30 USD per liter, marking an increase of 0.4%. Gasoline prices also went up slightly (below 1%) in South America, the USA, Asia, and Australia. In Canada, gasoline prices decreased by 1.2% while in Africa, the regional average gasoline price remained about the same.

Looking at individual countries, the gasoline price changes varied from -2% (Luxembourg) to 6.6% (Fiji). There was an increase in 37 of the 104 reviewed countries, no change in 50 countries, and a decrease in 17 countries. The largest weekly gasoline price decreases were observed in Luxembourg, Sweden, Estonia, Mexico, and Norway. Gasoline became more expensive by more than 4% in Moldova, Fiji, Panama, and Montenegro. The largest weekly gasoline price change was observed in Fiji where the prices at the pump went up by more than 6% in line with the quarterly adjustment fuel price mechanism.


World average gasoline and diesel prices

Weighted average of gasoline and diesel prices in 100 countries that consume over 90 percent of the world oil products. The weights are the countries' share of the global petroleum products consumption.


Changes in fuel prices, in local currencies

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Countries Gasoline Diesel
Current price
local currency
Change
one week
Change
three months
Current price
local currency
Change
one week
Change
three months
Andorra 1.12 0.0% 1.0% 0.96 0.0% -0.1%
Argentina 18.71 0.0% -0.1% 16.65 0.0% -2.6%
Aruba 1.77 -1.1% -1.4% 1.43 -3.7% -3.8%
Australia 1.27 0.3% -5.6% 1.29 0.2% -1.5%
Austria 1.19 0.0% 0.2% 1.12 0.0% -1.4%
Barbados 2.97 0.0% 6.8% 2.28 0.0% 6.0%
Belarus 1.24 0.0% 4.2% 1.28 0.0% 4.1%
Belgium 1.40 0.0% 0.0% 1.28 0.0% 0.8%
Bolivia 3.74 0.0% 0.0% 3.72 0.0% 0.0%
Bosnia and Herzegovina 1.82 1.7% -2.2% 1.81 0.7% -0.5%
Brazil 3.64 0.0% -3.6% 3.02 0.0% -2.2%
Bulgaria 2.03 0.0% -0.5% 1.99 0.0% -3.1%
Cambodia 3685.71 1.0% 0.6% 3228.57 1.1% 0.2%
Canada 1.31 -1.2% 5.0% 1.10 -0.3% -1.1%
Cape Verde 116.30 0.0% 7.4% 93.00 0.0% 7.4%
Cayman Islands 1.01 0.0% 2.5% 0.93 0.0% 2.8%
Chile 770.40 0.8% -0.7% 502.00 1.3% -2.2%
China 6.85 0.0% -0.9% 6.07 0.0% -1.0%
Colombia 2154.96 0.0% 2.7% 2003.42 0.0% 0.4%
Costa Rica 600.00 0.0% 1.4% 475.00 0.0% 0.0%
Croatia 9.97 1.2% 0.5% 8.99 0.0% -0.7%
Cyprus 1.24 2.5% -0.3% 1.23 2.3% 0.4%
Czech Republic 30.83 -0.0% -0.1% 30.04 -0.0% -1.0%
Denmark 11.46 -0.7% -0.2% 9.11 -6.0% -6.9%
Dominican Republic 58.07 -0.7% 3.0% 40.68 0.0% 1.3%
Egypt 6.25 0.0% 0.0% 2.35 0.0% 0.0%
El Salvador 0.81 0.0% -2.4% 0.65 0.0% -4.4%
Estonia 1.19 -1.5% 6.2% 1.16 -1.5% 2.2%
Fiji 1.95 6.6% 6.6% 1.60 8.8% 8.8%
Finland 1.48 0.3% 0.4% 1.29 0.2% -5.2%
France 1.41 0.1% -0.8% 1.26 -0.6% -1.4%
Georgia 2.17 -0.2% 2.7% 1.97 -3.7% -1.7%
Germany 1.39 0.6% 0.8% 1.17 0.8% -1.0%
Ghana 4.00 -1.0% -4.7% 3.98 -1.3% -4.3%
Greece 1.55 0.4% -0.5% 1.29 0.2% -0.1%
Guatemala 6.43 0.0% -2.8% 4.89 0.0% -5.8%
Honduras 23.42 0.7% -1.8% 18.66 0.6% -2.3%
Hong Kong 15.04 -1.0% 0.3% 11.80 0.0% 1.7%
Hungary 369.60 0.1% 0.8% 364.50 0.6% -3.1%
Iceland 201.80 0.0% 0.2% 192.10 0.0% -1.0%
India 71.08 0.0% -2.9% 59.66 0.0% -3.0%
Indonesia 8366.67 0.0% 2.0% 9050.00 0.0% 1.5%
Ireland 1.40 0.7% 2.2% 1.27 0.0% -0.8%
Israel 6.15 0.0% -3.1% 5.65 0.0% -3.4%
Italy 1.54 0.0% 0.1% 1.39 0.0% 0.1%
Ivory Coast 570.00 0.0% 0.0% 570.00 0.0% 0.0%
Jamaica 135.60 -0.0% 12.8% 130.21 1.8% 15.5%
Japan 130.40 0.0% 2.6% 107.80 0.6% 2.4%
Jordan 0.88 0.0% 8.6% 0.48 0.0% 3.2%
Kenya 100.16 0.0% 2.2% 90.86 0.0% 5.2%
Kuwait 0.11 0.0% 0.0% 0.11 0.0% 15.8%
Kyrgyzstan 42.00 0.0% 0.0% 37.50 0.0% 2.7%
Latvia 1.13 0.4% -1.3% 1.03 0.5% -5.7%
Lebanon 1165.00 1.7% 0.0% 725.00 2.1% -2.7%
Lithuania 1.12 0.6% -1.7% 1.02 0.7% -3.1%
Luxembourg 1.18 -2.0% -0.7% 1.00 -2.1% -2.8%
Macedonia 67.50 3.8% 1.5% 52.50 4.0% -1.9%
Malawi 824.70 0.0% 0.0% 815.80 0.0% 0.0%
Malaysia 2.27 1.3% 8.1% 2.21 2.3% 7.8%
Malta 1.31 0.0% 0.0% 1.18 0.0% 0.0%
Mauritius 42.70 0.0% 9.9% 32.45 0.0% 10.0%
Mayotte 1.45 0.0% -0.7% 1.19 0.0% 0.8%
Mexico 17.62 -1.5% -1.0% 16.82 -0.4% -1.3%
Moldova 18.09 4.0% 0.8% 15.43 4.3% -0.8%
Montenegro 1.29 4.0% 0.0% 1.14 1.8% -1.7%
Morocco 10.29 0.0% 1.0% 8.84 0.0% 0.9%
Nepal 101.50 0.0% 0.0% 77.50 0.0% 0.0%
Netherlands 1.60 1.2% 1.7% 1.25 1.6% -0.6%
New Zealand 2.15 0.0% -1.4% 1.36 0.0% -2.2%
Nicaragua 29.38 1.5% 1.6% 23.55 1.7% -0.7%
Norway 15.92 -1.3% 0.1% 14.71 -1.4% 0.8%
Oman 0.19 0.0% 3.2% 0.20 0.0% 2.6%
Pakistan 74.00 0.0% 8.8% 83.00 0.0% 7.5%
Panama 0.77 5.3% 0.0% 0.62 4.4% -2.5%
Peru 3.29 1.2% -3.2% 2.64 0.0% -0.7%
Philippines 44.53 0.3% -0.7% 31.28 2.5% -0.8%
Poland 4.69 0.2% -0.8% 4.53 0.9% -2.4%
Portugal 1.49 -0.1% 0.4% 1.26 -0.2% -2.5%
Qatar 1.70 0.0% 9.7% 1.60 0.0% 10.3%
Romania 4.85 -0.9% -0.2% 4.75 -1.0% -1.3%
Russia 39.19 0.3% 2.4% 37.17 0.2% 1.8%
Serbia 147.40 0.3% 5.4% 152.40 0.0% 3.0%
Singapore 2.01 0.0% 2.9% 1.42 0.7% 14.2%
Slovakia 1.31 2.0% -0.4% 1.16 1.6% -2.0%
Slovenia 1.31 1.8% 0.8% 1.19 1.7% -0.5%
South Africa 13.06 0.0% -0.3% 13.07 0.0% 0.6%
South Korea 1487.75 0.1% -1.1% 1278.08 0.1% -1.4%
Spain 1.25 -0.4% 1.0% 1.12 -0.5% -0.4%
Sri Lanka 128.00 0.0% 0.0% 95.00 0.0% 0.0%
Swaziland 11.80 0.0% 7.3% 11.70 0.0% 7.3%
Sweden 14.23 -1.7% -0.7% 13.85 -2.1% -1.1%
Switzerland 1.42 -1.1% -0.2% 1.50 -0.1% 1.7%
Taiwan 26.10 1.6% -2.2% 22.24 1.8% -2.6%
Tanzania 2057.00 0.0% 8.8% 1925.00 0.0% 11.1%
Thailand 34.66 -0.9% -0.2% 25.49 -1.5% -3.4%
Turkey 5.39 0.1% -0.5% 4.65 0.0% -1.8%
Uganda 3550.00 0.0% 7.6% 3050.00 0.0% 10.9%
Ukraine 25.08 -0.0% 4.9% 22.75 0.7% 5.9%
United Arab Emirates 1.84 0.0% 2.2% 1.95 0.0% 0.5%
United Kingdom 1.19 0.1% 0.3% 1.21 0.2% -0.5%
Uruguay 45.90 0.0% 0.0% 41.80 0.0% 0.0%
USA 0.71 0.7% 3.3% 0.67 0.0% 0.1%
Vietnam 18610.00 1.9% -0.1% 13945.00 2.6% 0.4%
Zambia 12.50 0.0% 0.0% 10.72 0.0% 0.0%




Changes in fuel prices, in local currencies

Countries Gasoline
Current price
local currency
Change
one week
Change
three months
Andorra 1.12 0.0% 1.0%
Argentina 18.71 0.0% -0.1%
Aruba 1.77 -1.1% -1.4%
Australia 1.27 0.3% -5.6%
Austria 1.19 0.0% 0.2%
Barbados 2.97 0.0% 6.8%
Belarus 1.24 0.0% 4.2%
Belgium 1.40 0.0% 0.0%
Bolivia 3.74 0.0% 0.0%
Bosnia and Herzegovina 1.82 1.7% -2.2%
Brazil 3.64 0.0% -3.6%
Bulgaria 2.03 0.0% -0.5%
Cambodia 3685.71 1.0% 0.6%
Canada 1.31 -1.2% 5.0%
Cape Verde 116.30 0.0% 7.4%
Cayman Islands 1.01 0.0% 2.5%
Chile 770.40 0.8% -0.7%
China 6.85 0.0% -0.9%
Colombia 2154.96 0.0% 2.7%
Costa Rica 600.00 0.0% 1.4%
Croatia 9.97 1.2% 0.5%
Cyprus 1.24 2.5% -0.3%
Czech Republic 30.83 -0.0% -0.1%
Denmark 11.46 -0.7% -0.2%
Dominican Republic 58.07 -0.7% 3.0%
Egypt 6.25 0.0% 0.0%
El Salvador 0.81 0.0% -2.4%
Estonia 1.19 -1.5% 6.2%
Fiji 1.95 6.6% 6.6%
Finland 1.48 0.3% 0.4%
France 1.41 0.1% -0.8%
Georgia 2.17 -0.2% 2.7%
Germany 1.39 0.6% 0.8%
Ghana 4.00 -1.0% -4.7%
Greece 1.55 0.4% -0.5%
Guatemala 6.43 0.0% -2.8%
Honduras 23.42 0.7% -1.8%
Hong Kong 15.04 -1.0% 0.3%
Hungary 369.60 0.1% 0.8%
Iceland 201.80 0.0% 0.2%
India 71.08 0.0% -2.9%
Indonesia 8366.67 0.0% 2.0%
Ireland 1.40 0.7% 2.2%
Israel 6.15 0.0% -3.1%
Italy 1.54 0.0% 0.1%
Ivory Coast 570.00 0.0% 0.0%
Jamaica 135.60 -0.0% 12.8%
Japan 130.40 0.0% 2.6%
Jordan 0.88 0.0% 8.6%
Kenya 100.16 0.0% 2.2%
Kuwait 0.11 0.0% 0.0%
Kyrgyzstan 42.00 0.0% 0.0%
Latvia 1.13 0.4% -1.3%
Lebanon 1165.00 1.7% 0.0%
Lithuania 1.12 0.6% -1.7%
Luxembourg 1.18 -2.0% -0.7%
Macedonia 67.50 3.8% 1.5%
Malawi 824.70 0.0% 0.0%
Malaysia 2.27 1.3% 8.1%
Malta 1.31 0.0% 0.0%
Mauritius 42.70 0.0% 9.9%
Mayotte 1.45 0.0% -0.7%
Mexico 17.62 -1.5% -1.0%
Moldova 18.09 4.0% 0.8%
Montenegro 1.29 4.0% 0.0%
Morocco 10.29 0.0% 1.0%
Nepal 101.50 0.0% 0.0%
Netherlands 1.60 1.2% 1.7%
New Zealand 2.15 0.0% -1.4%
Nicaragua 29.38 1.5% 1.6%
Norway 15.92 -1.3% 0.1%
Oman 0.19 0.0% 3.2%
Pakistan 74.00 0.0% 8.8%
Panama 0.77 5.3% 0.0%
Peru 3.29 1.2% -3.2%
Philippines 44.53 0.3% -0.7%
Poland 4.69 0.2% -0.8%
Portugal 1.49 -0.1% 0.4%
Qatar 1.70 0.0% 9.7%
Romania 4.85 -0.9% -0.2%
Russia 39.19 0.3% 2.4%
Serbia 147.40 0.3% 5.4%
Singapore 2.01 0.0% 2.9%
Slovakia 1.31 2.0% -0.4%
Slovenia 1.31 1.8% 0.8%
South Africa 13.06 0.0% -0.3%
South Korea 1487.75 0.1% -1.1%
Spain 1.25 -0.4% 1.0%
Sri Lanka 128.00 0.0% 0.0%
Swaziland 11.80 0.0% 7.3%
Sweden 14.23 -1.7% -0.7%
Switzerland 1.42 -1.1% -0.2%
Taiwan 26.10 1.6% -2.2%
Tanzania 2057.00 0.0% 8.8%
Thailand 34.66 -0.9% -0.2%
Turkey 5.39 0.1% -0.5%
Uganda 3550.00 0.0% 7.6%
Ukraine 25.08 -0.0% 4.9%
United Arab Emirates 1.84 0.0% 2.2%
United Kingdom 1.19 0.1% 0.3%
Uruguay 45.90 0.0% 0.0%
USA 0.71 0.7% 3.3%
Vietnam 18610.00 1.9% -0.1%
Zambia 12.50 0.0% 0.0%




Countries Diesel
Current price
local currency
Change
one week
Change
three months
Andorra 0.96 0.0% -0.1%
Argentina 16.65 0.0% -2.6%
Aruba 1.43 -3.7% -3.8%
Australia 1.29 0.2% -1.5%
Austria 1.12 0.0% -1.4%
Barbados 2.28 0.0% 6.0%
Belarus 1.28 0.0% 4.1%
Belgium 1.28 0.0% 0.8%
Bolivia 3.72 0.0% 0.0%
Bosnia and Herzegovina 1.81 0.7% -0.5%
Brazil 3.02 0.0% -2.2%
Bulgaria 1.99 0.0% -3.1%
Cambodia 3228.57 1.1% 0.2%
Canada 1.10 -0.3% -1.1%
Cape Verde 93.00 0.0% 7.4%
Cayman Islands 0.93 0.0% 2.8%
Chile 502.00 1.3% -2.2%
China 6.07 0.0% -1.0%
Colombia 2003.42 0.0% 0.4%
Costa Rica 475.00 0.0% 0.0%
Croatia 8.99 0.0% -0.7%
Cyprus 1.23 2.3% 0.4%
Czech Republic 30.04 -0.0% -1.0%
Denmark 9.11 -6.0% -6.9%
Dominican Republic 40.68 0.0% 1.3%
Egypt 2.35 0.0% 0.0%
El Salvador 0.65 0.0% -4.4%
Estonia 1.16 -1.5% 2.2%
Fiji 1.60 8.8% 8.8%
Finland 1.29 0.2% -5.2%
France 1.26 -0.6% -1.4%
Georgia 1.97 -3.7% -1.7%
Germany 1.17 0.8% -1.0%
Ghana 3.98 -1.3% -4.3%
Greece 1.29 0.2% -0.1%
Guatemala 4.89 0.0% -5.8%
Honduras 18.66 0.6% -2.3%
Hong Kong 11.80 0.0% 1.7%
Hungary 364.50 0.6% -3.1%
Iceland 192.10 0.0% -1.0%
India 59.66 0.0% -3.0%
Indonesia 9050.00 0.0% 1.5%
Ireland 1.27 0.0% -0.8%
Israel 5.65 0.0% -3.4%
Italy 1.39 0.0% 0.1%
Ivory Coast 570.00 0.0% 0.0%
Jamaica 130.21 1.8% 15.5%
Japan 107.80 0.6% 2.4%
Jordan 0.48 0.0% 3.2%
Kenya 90.86 0.0% 5.2%
Kuwait 0.11 0.0% 15.8%
Kyrgyzstan 37.50 0.0% 2.7%
Latvia 1.03 0.5% -5.7%
Lebanon 725.00 2.1% -2.7%
Lithuania 1.02 0.7% -3.1%
Luxembourg 1.00 -2.1% -2.8%
Macedonia 52.50 4.0% -1.9%
Malawi 815.80 0.0% 0.0%
Malaysia 2.21 2.3% 7.8%
Malta 1.18 0.0% 0.0%
Mauritius 32.45 0.0% 10.0%
Mayotte 1.19 0.0% 0.8%
Mexico 16.82 -0.4% -1.3%
Moldova 15.43 4.3% -0.8%
Montenegro 1.14 1.8% -1.7%
Morocco 8.84 0.0% 0.9%
Nepal 77.50 0.0% 0.0%
Netherlands 1.25 1.6% -0.6%
New Zealand 1.36 0.0% -2.2%
Nicaragua 23.55 1.7% -0.7%
Norway 14.71 -1.4% 0.8%
Oman 0.20 0.0% 2.6%
Pakistan 83.00 0.0% 7.5%
Panama 0.62 4.4% -2.5%
Peru 2.64 0.0% -0.7%
Philippines 31.28 2.5% -0.8%
Poland 4.53 0.9% -2.4%
Portugal 1.26 -0.2% -2.5%
Qatar 1.60 0.0% 10.3%
Romania 4.75 -1.0% -1.3%
Russia 37.17 0.2% 1.8%
Serbia 152.40 0.0% 3.0%
Singapore 1.42 0.7% 14.2%
Slovakia 1.16 1.6% -2.0%
Slovenia 1.19 1.7% -0.5%
South Africa 13.07 0.0% 0.6%
South Korea 1278.08 0.1% -1.4%
Spain 1.12 -0.5% -0.4%
Sri Lanka 95.00 0.0% 0.0%
Swaziland 11.70 0.0% 7.3%
Sweden 13.85 -2.1% -1.1%
Switzerland 1.50 -0.1% 1.7%
Taiwan 22.24 1.8% -2.6%
Tanzania 1925.00 0.0% 11.1%
Thailand 25.49 -1.5% -3.4%
Turkey 4.65 0.0% -1.8%
Uganda 3050.00 0.0% 10.9%
Ukraine 22.75 0.7% 5.9%
United Arab Emirates 1.95 0.0% 0.5%
United Kingdom 1.21 0.2% -0.5%
Uruguay 41.80 0.0% 0.0%
USA 0.67 0.0% 0.1%
Vietnam 13945.00 2.6% 0.4%
Zambia 10.72 0.0% 0.0%




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