![]() ![]() That said, the cheapest fuel station tends to stay the cheapest, regardless of across-the-board rises. The weekly update could catch you by surprise if there’s a sudden price hike mid-week, though. Sign up for free, pop in your postcode, tick whether you want fuel stations that are open at that particular time and away you go. Price comparison website has a dedicated cheapest fuel price finder tool. ![]() Here’s our comprehensive guide to finding the cheapest petrol and diesel near you. A few pence per litre can add up to a significant monthly saving. You can spend less on fuel by tracking down the best prices in your area. “Despite the wholesale market calming slightly at the end of last week as oil fell back under $100 a barrel, prices at the pump will continue to go up as retailers buy in new stock at much higher prices.” RAC fuel spokesman Simon Williams said: “This makes a full tank of petrol for a 55-litre family car cost £104, and diesel £108. The average UK pump price for a litre of unleaded petrol has reached a record high of 191.2p, reports the RAC, with diesel retailing for 198.8p. He has been an authority in the factoring industry for over 20 years, serving on the board of directors for several factoring associations.The war in Ukraine has helped push petrol and diesel prices alarmingly close to £2 a litre. Phil is the owner of PRN Funding and sister company Factor Finders. Learn how you can save more on your fuel costs by partnering with a factoring company.Ĭontact us to get started or fill out the form below for a free quote! So why not find more ways to be as economical as possible?Ĭonsider Did you know that factoring companies offer fuel cards for trucking companies in addition to funding? Consider trucking invoice factoring. ![]() The rising prices of fuel can be a challenge for fleet owners. Hong Kong tops the list, though, at a whopping $11.14 per gallon! And, while Americans are 34th on the list of sheer prices, when you factor in our country’s high-income levels and wealth relative to this price, the United States has the fourth-highest gasoline affordability rating on the globe (that is, one gallon of gas costs only a tiny fraction of our average daily income).Īnd just in case you were wondering, the countries with the most expensive gas prices are generally in Europe, with Denmark and Norway all charging over $7.50 per gallon. View the most up to date gasoline prices at. * Gas prices are continuously fluctuating. Kazakhstan is in at number 10 with a price of $1.76 per gallon. MalaysiaĪt Malaysian pumps, you pay $1.73 per gallon. Turkmenistan makes it to the list with gasoline priced at $1.63 per gallon. ![]() EgyptĮgypt comes in with fuel costing $1.41 per gallon. KuwaitĪn oil-rich country whose GDP is bolstered by their fuel exports. A gallon of gas in Algeria comes in at $1.28. AlgeriaĪlgeria ranks #5 for cheap gas, even though its residents pay more than ten times as much as its neighbor to the west, Libya. The African nation comes in at #4, with a gallon of fuel costing $1.19. The Iranians, with huge oil reserves of their own, charge $0.20 per gallon. Logically, the countries with the most oil reserves pay the least. IranĪnother oil-rich country- clearly, there is a trend. Currently, a gallon of fuel will set you back just $0.12. The oil-rich North African country of Libya comes in at #2 when it comes to cheap gas. Technically, the price per gallon at the Venezuelan pumps is $ 0.06 -meaning that it would cost pennies to fill up a rig. Yeah, it is strange to think about, isn’t it? But it is true. Venezuela, while overall a rather impoverished nation, is rich in oil reserves and fossil fuels, and uses that particular wealth to provide their people with virtually free gasoline. Here are the top ten countries with the cheapest gas prices, according to Global Petrol Prices : 1. But, just how cheap is our gas, compared to other countries? It might surprise you to see just how expensive it is for some countries to drive, and how cheap it is for others. With the price of diesel and standard gasoline steadily rising every week, everybody in the American transportation industry is feeling it. In 2016 alone, the trucking industry burned through 54.9 billion gallons of diesel fuel and standard gasoline-it goes without saying, then, that the price per gallon of gas has a gigantic sway on the success of the transportation industry. Naturally, a machine that travels that far requires a lot of fuel. The average truck in a fleet can drive up to 120,000 miles every year. Have you ever wondered what are the cheapest gas prices by country? That role is especially significant for the transportation industry. Economically and politically, from the local to international level, gas prices play a big role in everyday life. ![]()
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