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[size=46]Iraq ranks 13th among the world's cheapest fuel prices[/size]
Iraq
12:07 - 11-29-2022
[You must be registered and logged in to see this image.]12:07 - 11-29-2022
Iraq ranked 13th among the world's cheapest fuel prices, "gasoline" in November, according to global petrol prices.
The site said in a report for the month of November 2022, that "Iraq ranked 13th in the world out of 168 countries listed in the table among the countries with the cheapest gasoline prices, and ranked fifth in the Arab world after each of: Libya, Algeria, Kuwait, and Egypt," indicating that "the price of Gasoline in Iraq reached $0.514 per liter.
The report indicated that "Venezuela ranked first in the world with the cheapest gasoline in the world, at a price of $0.016 per liter, followed by Libya at a price of $0.031, and then Iran came third at a price of $0.053."
And he indicated that "the most expensive country in the world for gasoline prices was the share of Greece at a price of 2.114 dollars per liter, followed by Iceland at a price of 2.114 dollars per liter.
He explained that "the average price of gasoline globally for the month of November amounted to $1.31 per liter," noting that "gasoline prices in rich countries are high compared to poor countries, while oil-producing and exporting countries are much lower."
The report pointed out that "the difference in gasoline prices in different countries is due to government subsidies for gasoline and the size of taxes. Countries in the world buy all oil at the same prices, but later impose different taxes, which leads to different retail prices for gasoline."
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