Weekly global fuel price review (April 11, 2017)

Pushed by the recent 9% increase in crude oil prices, the world average gasoline price went up to 1.01 USD per liter, the first change in more than two months. The world average diesel price also went up by a cent.

On a regional level, the European average gasoline price was 1.34 USD per liter, marking an increase of 0.9%. Gasoline prices also went up by 3.5% in Canada and by 1.6% in Australia and increased by less than 1% in the USA, Asia, and South America. In Africa, the regional average gasoline price decreased by 0.4%.

Looking at individual countries, the gasoline price changes varied from -2.8% (Kenya) to 3.7% (Malaysia). There was an increase in 49 of the 104 reviewed countries, no change in 44 countries, and a decrease in 10 countries. Gasoline prices decreased by more than 1% in Kenya, Ghana, and Georgia and increased by more than 3% in Canada, Nicaragua, and Malaysia. The largest weekly gasoline price change was observed in Malaysia where pump prices went up by 3.7%. That is the third fuel price increase after the country switched from monthly to weekly adjustments of the retail fuel prices.


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 1.7% 1.0% 0.96 2.0% 0.0%
Argentina 18.71 0.0% 7.9% 16.65 0.0% 5.2%
Australia 1.26 1.6% -1.5% 1.29 0.0% -0.1%
Austria 1.19 0.0% 0.0% 1.12 0.0% -2.2%
Barbados 2.97 0.0% 6.8% 2.28 0.0% 6.0%
Belarus 1.24 0.8% 4.2% 1.28 0.8% 4.1%
Belgium 1.40 2.1% 0.0% 1.28 1.6% 0.3%
Bolivia 3.74 0.0% 0.0% 3.72 0.0% 0.0%
Bosnia and Herzegovina 1.79 0.1% -3.8% 1.80 0.4% -1.2%
Brazil 3.64 -0.2% -3.3% 3.02 0.0% -0.9%
Bulgaria 2.03 0.4% -0.0% 1.99 -0.1% -2.0%
Cambodia 3650.00 2.0% 2.6% 3192.86 0.7% 2.5%
Canada 1.33 3.5% 4.4% 1.10 0.8% -1.4%
Cape Verde 116.30 0.0% 7.4% 93.00 0.0% 7.4%
Cayman Islands 1.01 0.0% 2.3% 0.93 -0.2% 3.1%
Chile 764.60 1.7% -0.7% 495.80 0.0% -1.5%
China 6.85 -0.4% -0.9% 6.07 -0.5% -1.0%
Colombia 2154.96 1.3% 2.7% 2003.42 -0.1% 0.4%
Costa Rica 600.00 0.0% 1.4% 475.00 0.0% 0.0%
Croatia 9.85 1.3% 0.3% 8.99 1.7% -0.7%
Cyprus 1.21 -0.1% -1.7% 1.20 -0.1% -1.5%
Czech Republic 30.84 0.7% 1.0% 30.05 0.1% 0.3%
Denmark 11.54 0.8% 0.8% 9.69 0.9% -1.5%
Dominican Republic 58.46 1.1% 3.0% 40.68 1.3% 0.0%
Egypt 6.25 0.0% 0.0% 2.35 0.0% 0.0%
El Salvador 0.81 0.0% -1.1% 0.65 0.0% -2.7%
Estonia 1.21 1.9% 5.1% 1.18 1.4% 2.0%
Fiji 1.83 0.0% 6.4% 1.47 0.0% 5.0%
Finland 1.48 0.9% -0.7% 1.28 0.2% -6.3%
France 1.41 -0.3% -1.1% 1.27 1.1% -2.1%
Georgia 2.17 -1.3% 2.9% 2.05 -0.7% 2.0%
Germany 1.38 1.5% 0.7% 1.16 1.6% -2.1%
Ghana 4.04 -2.3% -2.5% 4.04 -2.3% -1.1%
Greece 1.55 0.5% -0.8% 1.28 0.3% 0.2%
Guatemala 6.43 0.0% -3.1% 4.89 0.0% -6.1%
Honduras 23.27 1.1% -1.8% 18.56 1.1% -2.6%
Hong Kong 15.19 0.7% 1.3% 11.80 1.3% 1.7%
Hungary 369.30 2.6% -0.2% 362.40 1.9% -4.8%
Iceland 201.80 0.0% 0.2% 192.10 0.0% -1.0%
India 71.08 2.6% -2.2% 59.66 2.2% -1.0%
Indonesia 8366.67 0.8% 2.0% 9050.00 0.4% 1.5%
Ireland 1.39 0.0% 1.5% 1.27 -0.8% 0.0%
Israel 6.15 0.0% -3.1% 5.65 0.0% -3.4%
Italy 1.54 0.7% 0.1% 1.39 0.7% 0.1%
Ivory Coast 570.00 0.0% 0.0% 570.00 0.0% 0.0%
Jamaica 135.64 1.8% 12.8% 127.85 1.5% 13.4%
Japan 130.40 -0.2% 2.9% 107.20 -0.2% 2.6%
Jordan 0.88 0.0% 8.6% 0.48 0.0% 3.2%
Kenya 100.16 -2.8% 4.1% 90.86 -1.8% 1.7%
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 0.9% -0.9% 1.02 1.0% -6.4%
Lebanon 1145.00 1.3% -0.9% 710.00 0.7% -3.4%
Lithuania 1.12 -0.2% -3.2% 1.01 -0.3% -5.2%
Luxembourg 1.20 1.7% 1.3% 1.02 2.0% -0.8%
Macedonia 65.00 0.0% -2.3% 50.50 0.0% -5.6%
Malawi 824.70 0.0% 0.0% 815.80 0.0% 0.0%
Malaysia 2.24 3.7% 6.7% 2.16 3.8% 5.4%
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 17.89 1.2% 0.6% 16.88 0.1% -1.0%
Moldova 17.40 0.0% 0.5% 14.79 0.0% -2.1%
Montenegro 1.24 0.0% -3.9% 1.12 0.0% -3.4%
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 1.58 1.9% 1.1% 1.23 1.9% -2.1%
New Zealand 2.15 0.0% 1.4% 1.36 0.0% 2.3%
Nicaragua 28.96 3.0% 1.3% 23.16 1.8% -1.4%
Norway 16.14 0.6% 1.1% 14.92 0.4% -0.4%
Oman 0.19 0.0% 3.2% 0.20 0.0% 2.6%
Pakistan 74.00 0.0% 11.7% 83.00 0.0% 10.3%
Panama 0.73 0.0% 0.8% 0.60 0.0% -1.8%
Peru 3.25 2.3% -3.9% 2.64 0.0% 0.0%
Philippines 44.38 2.5% 0.0% 30.53 3.0% -2.4%
Poland 4.68 2.6% -1.5% 4.49 1.8% -3.6%
Portugal 1.49 0.8% 1.6% 1.26 1.3% -1.5%
Qatar 1.70 0.0% 9.7% 1.60 0.0% 10.3%
Romania 4.89 2.2% -2.4% 4.79 2.3% -4.2%
Russia 39.09 0.2% 2.3% 37.10 -0.2% 2.2%
Serbia 146.90 1.0% 6.1% 152.40 1.3% 4.1%
Singapore 2.01 0.0% 2.9% 1.41 0.0% 13.4%
Slovakia 1.28 1.0% -1.5% 1.14 0.5% -2.3%
Slovenia 1.29 2.3% -1.3% 1.17 1.6% -2.5%
South Africa 13.06 0.0% -0.3% 13.07 0.0% 0.6%
South Korea 1486.87 0.0% -1.2% 1276.88 0.0% -1.5%
Spain 1.25 1.0% 0.9% 1.12 1.0% -0.8%
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 14.48 0.7% 1.0% 14.15 0.0% -1.0%
Switzerland 1.44 1.4% 0.3% 1.50 0.6% 0.4%
Taiwan 25.69 2.4% -3.7% 21.84 3.3% -4.4%
Tanzania 2057.00 0.0% 8.8% 1925.00 0.0% 11.1%
Thailand 34.96 0.0% -0.9% 25.89 0.0% -3.0%
Turkey 5.39 -0.1% 3.5% 4.64 0.0% 1.0%
Uganda 3550.00 0.0% 7.6% 3050.00 0.0% 10.9%
Ukraine 25.08 1.4% 5.1% 22.59 1.3% 5.4%
United Arab Emirates 1.84 0.0% 2.2% 1.95 0.0% 0.5%
United Kingdom 1.19 0.8% 0.1% 1.20 0.7% -0.7%
Uruguay 45.90 0.0% 0.0% 41.80 0.0% 0.0%
USA 0.71 0.6% 1.9% 0.67 0.6% 0.0%
Vietnam 18260.00 0.0% -1.9% 13590.00 0.0% -2.1%
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 1.7% 1.0%
Argentina 18.71 0.0% 7.9%
Australia 1.26 1.6% -1.5%
Austria 1.19 0.0% 0.0%
Barbados 2.97 0.0% 6.8%
Belarus 1.24 0.8% 4.2%
Belgium 1.40 2.1% 0.0%
Bolivia 3.74 0.0% 0.0%
Bosnia and Herzegovina 1.79 0.1% -3.8%
Brazil 3.64 -0.2% -3.3%
Bulgaria 2.03 0.4% -0.0%
Cambodia 3650.00 2.0% 2.6%
Canada 1.33 3.5% 4.4%
Cape Verde 116.30 0.0% 7.4%
Cayman Islands 1.01 0.0% 2.3%
Chile 764.60 1.7% -0.7%
China 6.85 -0.4% -0.9%
Colombia 2154.96 1.3% 2.7%
Costa Rica 600.00 0.0% 1.4%
Croatia 9.85 1.3% 0.3%
Cyprus 1.21 -0.1% -1.7%
Czech Republic 30.84 0.7% 1.0%
Denmark 11.54 0.8% 0.8%
Dominican Republic 58.46 1.1% 3.0%
Egypt 6.25 0.0% 0.0%
El Salvador 0.81 0.0% -1.1%
Estonia 1.21 1.9% 5.1%
Fiji 1.83 0.0% 6.4%
Finland 1.48 0.9% -0.7%
France 1.41 -0.3% -1.1%
Georgia 2.17 -1.3% 2.9%
Germany 1.38 1.5% 0.7%
Ghana 4.04 -2.3% -2.5%
Greece 1.55 0.5% -0.8%
Guatemala 6.43 0.0% -3.1%
Honduras 23.27 1.1% -1.8%
Hong Kong 15.19 0.7% 1.3%
Hungary 369.30 2.6% -0.2%
Iceland 201.80 0.0% 0.2%
India 71.08 2.6% -2.2%
Indonesia 8366.67 0.8% 2.0%
Ireland 1.39 0.0% 1.5%
Israel 6.15 0.0% -3.1%
Italy 1.54 0.7% 0.1%
Ivory Coast 570.00 0.0% 0.0%
Jamaica 135.64 1.8% 12.8%
Japan 130.40 -0.2% 2.9%
Jordan 0.88 0.0% 8.6%
Kenya 100.16 -2.8% 4.1%
Kuwait 0.11 0.0% 0.0%
Kyrgyzstan 42.00 0.0% 0.0%
Latvia 1.13 0.9% -0.9%
Lebanon 1145.00 1.3% -0.9%
Lithuania 1.12 -0.2% -3.2%
Luxembourg 1.20 1.7% 1.3%
Macedonia 65.00 0.0% -2.3%
Malawi 824.70 0.0% 0.0%
Malaysia 2.24 3.7% 6.7%
Malta 1.31 0.0% 0.0%
Mauritius 42.70 0.0% 9.9%
Mayotte 1.45 0.0% -0.7%
Mexico 17.89 1.2% 0.6%
Moldova 17.40 0.0% 0.5%
Montenegro 1.24 0.0% -3.9%
Morocco 10.29 0.0% 1.0%
Nepal 101.50 0.0% 0.0%
Netherlands 1.58 1.9% 1.1%
New Zealand 2.15 0.0% 1.4%
Nicaragua 28.96 3.0% 1.3%
Norway 16.14 0.6% 1.1%
Oman 0.19 0.0% 3.2%
Pakistan 74.00 0.0% 11.7%
Panama 0.73 0.0% 0.8%
Peru 3.25 2.3% -3.9%
Philippines 44.38 2.5% 0.0%
Poland 4.68 2.6% -1.5%
Portugal 1.49 0.8% 1.6%
Qatar 1.70 0.0% 9.7%
Romania 4.89 2.2% -2.4%
Russia 39.09 0.2% 2.3%
Serbia 146.90 1.0% 6.1%
Singapore 2.01 0.0% 2.9%
Slovakia 1.28 1.0% -1.5%
Slovenia 1.29 2.3% -1.3%
South Africa 13.06 0.0% -0.3%
South Korea 1486.87 0.0% -1.2%
Spain 1.25 1.0% 0.9%
Sri Lanka 128.00 0.0% 0.0%
Swaziland 11.80 0.0% 7.3%
Sweden 14.48 0.7% 1.0%
Switzerland 1.44 1.4% 0.3%
Taiwan 25.69 2.4% -3.7%
Tanzania 2057.00 0.0% 8.8%
Thailand 34.96 0.0% -0.9%
Turkey 5.39 -0.1% 3.5%
Uganda 3550.00 0.0% 7.6%
Ukraine 25.08 1.4% 5.1%
United Arab Emirates 1.84 0.0% 2.2%
United Kingdom 1.19 0.8% 0.1%
Uruguay 45.90 0.0% 0.0%
USA 0.71 0.6% 1.9%
Vietnam 18260.00 0.0% -1.9%
Zambia 12.50 0.0% 0.0%




Countries Diesel
Current price
local currency
Change
one week
Change
three months
Andorra 0.96 2.0% 0.0%
Argentina 16.65 0.0% 5.2%
Australia 1.29 0.0% -0.1%
Austria 1.12 0.0% -2.2%
Barbados 2.28 0.0% 6.0%
Belarus 1.28 0.8% 4.1%
Belgium 1.28 1.6% 0.3%
Bolivia 3.72 0.0% 0.0%
Bosnia and Herzegovina 1.80 0.4% -1.2%
Brazil 3.02 0.0% -0.9%
Bulgaria 1.99 -0.1% -2.0%
Cambodia 3192.86 0.7% 2.5%
Canada 1.10 0.8% -1.4%
Cape Verde 93.00 0.0% 7.4%
Cayman Islands 0.93 -0.2% 3.1%
Chile 495.80 0.0% -1.5%
China 6.07 -0.5% -1.0%
Colombia 2003.42 -0.1% 0.4%
Costa Rica 475.00 0.0% 0.0%
Croatia 8.99 1.7% -0.7%
Cyprus 1.20 -0.1% -1.5%
Czech Republic 30.05 0.1% 0.3%
Denmark 9.69 0.9% -1.5%
Dominican Republic 40.68 1.3% 0.0%
Egypt 2.35 0.0% 0.0%
El Salvador 0.65 0.0% -2.7%
Estonia 1.18 1.4% 2.0%
Fiji 1.47 0.0% 5.0%
Finland 1.28 0.2% -6.3%
France 1.27 1.1% -2.1%
Georgia 2.05 -0.7% 2.0%
Germany 1.16 1.6% -2.1%
Ghana 4.04 -2.3% -1.1%
Greece 1.28 0.3% 0.2%
Guatemala 4.89 0.0% -6.1%
Honduras 18.56 1.1% -2.6%
Hong Kong 11.80 1.3% 1.7%
Hungary 362.40 1.9% -4.8%
Iceland 192.10 0.0% -1.0%
India 59.66 2.2% -1.0%
Indonesia 9050.00 0.4% 1.5%
Ireland 1.27 -0.8% 0.0%
Israel 5.65 0.0% -3.4%
Italy 1.39 0.7% 0.1%
Ivory Coast 570.00 0.0% 0.0%
Jamaica 127.85 1.5% 13.4%
Japan 107.20 -0.2% 2.6%
Jordan 0.48 0.0% 3.2%
Kenya 90.86 -1.8% 1.7%
Kuwait 0.11 0.0% 15.8%
Kyrgyzstan 37.50 0.0% 2.7%
Latvia 1.02 1.0% -6.4%
Lebanon 710.00 0.7% -3.4%
Lithuania 1.01 -0.3% -5.2%
Luxembourg 1.02 2.0% -0.8%
Macedonia 50.50 0.0% -5.6%
Malawi 815.80 0.0% 0.0%
Malaysia 2.16 3.8% 5.4%
Malta 1.18 0.0% 0.0%
Mauritius 32.45 0.0% 10.0%
Mayotte 1.19 0.0% 0.8%
Mexico 16.88 0.1% -1.0%
Moldova 14.79 0.0% -2.1%
Montenegro 1.12 0.0% -3.4%
Morocco 8.84 0.0% 0.9%
Nepal 77.50 0.0% 0.0%
Netherlands 1.23 1.9% -2.1%
New Zealand 1.36 0.0% 2.3%
Nicaragua 23.16 1.8% -1.4%
Norway 14.92 0.4% -0.4%
Oman 0.20 0.0% 2.6%
Pakistan 83.00 0.0% 10.3%
Panama 0.60 0.0% -1.8%
Peru 2.64 0.0% 0.0%
Philippines 30.53 3.0% -2.4%
Poland 4.49 1.8% -3.6%
Portugal 1.26 1.3% -1.5%
Qatar 1.60 0.0% 10.3%
Romania 4.79 2.3% -4.2%
Russia 37.10 -0.2% 2.2%
Serbia 152.40 1.3% 4.1%
Singapore 1.41 0.0% 13.4%
Slovakia 1.14 0.5% -2.3%
Slovenia 1.17 1.6% -2.5%
South Africa 13.07 0.0% 0.6%
South Korea 1276.88 0.0% -1.5%
Spain 1.12 1.0% -0.8%
Sri Lanka 95.00 0.0% 0.0%
Swaziland 11.70 0.0% 7.3%
Sweden 14.15 0.0% -1.0%
Switzerland 1.50 0.6% 0.4%
Taiwan 21.84 3.3% -4.4%
Tanzania 1925.00 0.0% 11.1%
Thailand 25.89 0.0% -3.0%
Turkey 4.64 0.0% 1.0%
Uganda 3050.00 0.0% 10.9%
Ukraine 22.59 1.3% 5.4%
United Arab Emirates 1.95 0.0% 0.5%
United Kingdom 1.20 0.7% -0.7%
Uruguay 41.80 0.0% 0.0%
USA 0.67 0.6% 0.0%
Vietnam 13590.00 0.0% -2.1%
Zambia 10.72 0.0% 0.0%




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