Arab Today, arab today petrol prices in the uae are among world’s lowest
Last Updated : GMT 22:02:29
Arab Today, arab today
Arab Today, arab today

Petrol prices in the UAE are among world’s lowest

Arab Today, arab today

Arab Today, arab today Petrol prices in the UAE are among world’s lowest

Petrol prices in the UAE are among the lowest in the world
Abu Dhabi - Arab Today

Petrol prices in the U.A.E. are among the lowest in the world – thanks to the government subsidy, according to latest statistics.
Figures released by Bloomberg show that a gallon of petrol costs US$1.77 (Dh6.5) in the U.A.E., which is sixth most economical in the world.
In the U.A.E., petrol retail price for 95 octane is Dh1.72 per litre and Dh1.83 for 98 octane. U.A.E. petrol retail market is dominated by national companies led by Abu Dhabi National Oil Company (Adnoc), Emarat, Eppco and Enoc.
Bloomberg said the U.A.E. is the world's eighth biggest oil producer, and as of 2010, it was subsidising about 68 per cent of its petrol price. Average daily income is US$121 so it takes 1.5 per cent of a day's wages to buy a gallon of petrol.
Global top 10 cheapest destinations to fill up your vehicle's fuel tank
Despite being a poor country but a major oil producer, petrol prices are lowest in Venezuela where it costs just US$0.04 per gallon.
After Venezuela, the top 10 countries selling cheapest petrol are Saudi Arabia (US$0.45), Kuwait (US$0.81), Egypt (US$1.01), Iran (US$1.52), U.A.E. (US$1.77), Nigeria (US$2.23), Malaysia (US$2.42), Russia (US$3.19), and Mexico (US$3.58).
Bloomberg data showed that petrol prices are the highest in European countries as Norway citizens paying the highest for a gallon.
Despite being a major oil producer in the world, petrol per gallon cost in Norway is US$9.79. Second comes the Netherlands, where one gallon costs US$9.46 followed by Italy (US$9.34), Denmark (US$9.14), Greece (US$8.81), Belgium (US$8.61), Portugal (US$8.56), Germany (US$8.50), Turkey (US$8.47) and Finland (US$8.44).
Among the other major world countries, petrol prices in the UK are the 13th highest in the world as the Brits pay US$8.25 for a gallon of petrol.
The petrol per gallon price is US$7.51 in Switzerland, US$6.65 in South Korea, US$6.55 in Singapore, US$5.84 in Japan and US$5.27 in Australia.
Petrol gallon cost in the world's largest consumer US is US$3.69 – which is rated 51st on the list.
In India and Pakistan, a gallon costs US$4.79 and US$4.08, respectively. Bloomberg said Pakistanis must put in more than a full day's work to afford a single gallon as average daily income in the country is US$3.55.
It costs US$4.73 in China, US$4.50 in Canada, US$4.48 in the Philippines and US$3.19 in Russia.
[Data compiled by Bloomberg, Associates for International Research Inc., Europe's Energy Portal, the International Monetary Fund and the US Energy Information Administration. Gas prices are from March 31-April 29.].
Source: Emirates 24│7

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today petrol prices in the uae are among world’s lowest Arab Today, arab today petrol prices in the uae are among world’s lowest

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday