Does your country pay more than the world average for a gallon/liter of gasoline?
While the world average price of gas has dropped from 1.43 USD per liter in 2014 to 1.05 USD per liter in 2017, prices have been trending upward in many countries in the Middle East. Oil-rich nations, many of which have historically subsidized national costs, are being forced to reduce subsidies in response to persistently low global prices.
What causes gas price disparity between countries? Some factors that affect the price of gas include taxes, subsidies, and exchange rates. Also, some countries produce their own oil while others must import their oil.