International crude oil prices reached $140 a barrel amid the Russo-Ukraine war. It affected all the countries of the world. Inflation has also hit the countries that sell the cheapest petrol. Petrol price hiked by up to Rs. Whereas petrol has become costlier by an average of Rs 7 a liter across the world. Even today the cheapest petrol is in Venezuela and the most expensive is in Hong Kong. However, for the last 132 days, there has been no effect of the price of crude on the people of India. Petrol rates are still stable.
Petrol price hiked by Rs 18 to Rs 220.20 per liter
The price of a liter of petrol in Hong Kong has increased by Rs 18 to Rs 220.20 per litre. At the same time, in Venezuela, Rs 1.91 has to be spent in the form of Indian rupees. There are 5 countries in the world where the price of petrol is less than Rs 25 per liter. However, the average price of petrol (gasoline) across the world has increased from Rs 94.60 per liter to Rs 101.28.
Relief on petrol and diesel but panic among people: People are buying fuel fiercely due to fear of rising prices
However, these prices vary greatly between countries. The difference in prices in different countries is due to different taxes and subsidies for petrol. By the way, the price of petrol in India is now beyond Rs 100 per liter in some cities only.
Country Petrol Price in Indian Rupee
Source: globalpetrolprices.com
Inflation hit in Pakistan, Nepal and Sri Lanka too
According to the latest data of the website globalpetrolprices.com, the average price of a liter of petrol in Pakistan on February 7 was 63.07 rupees and has now increased to 64.03 Indian rupees. At the same time, the price of petrol in Sri Lanka has now increased from Rs 76.54 to Rs 84.97 per liter. The price of petrol here was Rs 68.35 on October 25 and Rs 67.55 on November 8. At the same time, on November 29, the price of petrol here had reached Rs 68.12.
Apart from this, according to the rate of February 21, petrol was Rs 77.52 in Bangladesh and Rs 90.95 in Nepal. Now petrol in Nepal is Rs 93:80 per liter. At the same time, the price of one liter of petrol in Bangladesh is Rs 79.19 in Indian rupees.
The cheapest petrol in these 10 countries (rates of March 14)
1) As much as one liter of petrol is available in Venezuela, you will get two matchboxes for the same amount. Here the price of one liter of petrol was Rs 1.86 on 7 February 2022 and became Rs 1.87 on 21 February and now on 14 March the average price of one liter petrol increased to Rs 1.91.
2) In the case of cheapest petrol in the world, now the name of Libya is in place of Iran at number two. Here on March 14, the price of one liter of petrol was Rs 2.47.
3) Iran is now at number three. Here on November 29, one liter of petrol was available for Rs 3.84. On February 7, the price of petrol was Rs 3.82. 3.83 per liter on February 21 and now a liter of petrol has gone up to Rs 3.92 from March 14 here amid the Russo-Ukraine war.
4) The price of a liter of petrol in Syria is now Rs 24.14. A few days back it was Rs 23.63, while on November 29 it was Rs 23.48 per liter.
5) In Algeria also, the price of one liter of petrol has increased from Rs 24.41 to Rs 26.61.
6) According to the rate released on 7 February, petrol in Angola was Rs 22.85 per liter and on 29 November it was Rs 20.89 per liter. On February 21, the price here also increased to Rs 23.81. Now from March 14, the average price of petrol here has gone up to Rs 26.61.
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