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A Workforce Globalization Blog

What country has the world's most expensive gasoline? [Infographic]

Mar 28, 2019 @ 12:05 AM / by Alex Davis

View the Top-20 Gasoline Price Changes for Europe and Asia!

AIRINC Gasoline Price Tracking Report: Q1 2019

Global gasoline prices fell this quarter compared with our data from six months ago. Oil prices hit a recent high in early October but have fallen sharply since. US crude, for example, had its weakest month in a decade as the price plummeted 22% in November.

The global declines are due to a number of factors, mostly related to supply and demand. A strong US dollar and slowing economic growth have played a role in reducing demand. High output from Saudi Arabia and US sanction exemptions on Iranian oil bolstered supply.

OPEC has reduced output since November, which has played a role in the recent price increase. However, global prices are still much lower than the highs seen in October.

 


What are the 10 best places to live and work in 2019?Trending now:

What are the 10 best places to live and work in 2019?


 

Highlights from our latest gasoline price report:

 

See the full infographic now by clicking below:

Infographic!

AIRINC's Global Gasoline Price Ranking


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About AIRINC

We help our clients address expatriate compensation and mobility issues in a complex global environment through advisory services, data services, and technology solutions, while providing our employees with a culture of teamwork, global knowledge, career growth, and interesting solutions to challenging problems.

We understand that people make an organization successful. We empower companies to deploy global talent by leveraging high quality-data, decision-making tools, and thought-leading advice. Our industry expertise, solutions, and consultative approach enable us to partner with clients to deliver value. Learn more by clicking here.

 


2019 Mobility Outlook Survey from AIRINC: Download now to gain insights into the future of Global Mobility!Love data? The 2019 Mobility Outlook Survey is available now:

2019 AIRINC Mobility Outlook Survey [Download]

 


 

Topics: Cost of living data, Gas Prices, COLA, Cost of living allowances, Data and Infographics, Petrol Prices

Alex Davis

Written by Alex Davis