Which country has highest petrol price?

Petrol prices are on the rise as always, but the price you pay for a litre of petrol is not the same all around the world as different countries have different tax structures. Despite petrol prices soaring above the Rs 100 mark in India, there are many other countries where people have to shell out a lot more than Rs 100 to buy a litre of petrol. As such, here is the list of the top 10 countries with the highest fuel prices.

The world consumes about 92.2 million barrels of petroleum and other liquid per day (b/d).

1. Hong Kong (Rs 242.5 / litre) Hong Kong is a special administrative region of China and has the highest petrol price in the world at Rs 242.5 per litre – Which is a lot more than double of what we pay in India for a litre of petrol.

2. Iceland (Rs 186.7 / litre) Iceland is a Nordic island country situated in the North Atlantic Ocean and the Arctic Ocean. It is also one of the coldest countries in the world. As such, procuring and supplying anything in this region becomes a task itself. As such, petrol prices in Iceland currently stand at Rs 186.7 per litre, approximately.

3. Central African Republic (Rs 185.8 / litre) The Central African Republic is a landlocked country surrounded by 6 other countries including Chad, Sudan, South Sudan, Democratic Republic of the Congo, Republic of the Congo and Cameroon. Thanks to the country’s instability and a series of civil wars, petrol prices are beyond affordable at Rs 185.8 per litre.

4. Norway (Rs 177.6 / litre) Norway is a northern European country situated very close to the arctic region. Like Denmark, the cold climatic conditions ensure transportation of commodities is not an easy task. This means prices for petrol are high and current prices stand at Rs 177.6 per litre.

5. Denmark (Rs 170.8 / litre) Denmark is the southernmost among the Scandanavian countries. Moreover, the country is cold and densely populated. As such, prices for a litre of petrol stands at Rs 170.8

6. Finland (Rs 169.5 / litre) Finland is a Nordic country bordering the likes of countries such as Sweden, Norway, and Russia. Moreover, prices for petrol in Finland have been historically high and prices currently stand at Rs 169.5 per litre of petrol.

7. Barbados (Rs 169.1 / litre) Barbados is an island country in the Lesser Antilles of the West Indies. Moreover, the country has the highest prices for petrol in the Caribbean region at Rs 169.1 per litre.

8. Netherlands (Rs 166.8 / litre) Netherlands, home of 2-time Formula 1 world champion Max Verstappen. That being said, Netherlands has one of the densest road networks in the world. Moreover, prices for petrol in the Netherlands have been on the expensive side for quite some time and it is now priced at Rs 166.8 per litre.

9. Greece (Rs 166.5 / litre) Greece is a Southeastern European country with a very rich culture and is often considered the cradle of western civilisation. However, the country is slowly recovering from an economic disaster and petrol prices in the country reflect this at Rs 166.5 per litre.

10. Sweden (Rs 160.9 / litre) Sweden is a Nordic country in Scandinavia. Like many Nordic countries, living in Sweden is also expensive compared to other European countries. As such, petrol prices are also high in Sweden at Rs 160.9 per litre.