As global fuel costs fluctuate, a new November 2025 ranking shows that petrol remains cheapest in countries like Libya, Iran and Venezuela nations where heavy subsidies and strong oil output keep pump prices among the lowest in the world.
Libya – $0.027
Iran – $0.029
Venezuela – $0.035
Angola – $0.327
Kuwait – $0.342
Algeria – $0.352
Turkmenistan – $0.428
Egypt – $0.445
Kazakhstan – $0.471
Bahrain – $0.530
Libya – $0.027
Libya has the world’s cheapest petrol largely because of its vast oil reserves and heavy government subsidies. Despite political instability, petrol prices remain extremely low as the state keeps petrol affordable for citizens.
Iran – $0.029
Iran’s petrol remains very cheap due to major subsidies and abundant crude oil production. Sanctions limiting oil exports also encourage the government to keep domestic prices low.
Venezuela – $0.035
Venezuela has some of the largest oil reserves globally, and the government subsidizes petrol heavily. Despite economic challenges, petrol remains among the cheapest in the world.
Angola – $0.327
As a major oil producer in Africa, Angola keeps petrol relatively affordable. Government price controls and local refining capacity help keep costs below the global average.
Kuwait – $0.342
Kuwait, one of the wealthiest oil-exporting nations, offers low petrol prices thanks to strong production levels and subsidies funded by oil revenues.
Algeria – $0.352
Algeria benefits from strong domestic oil and gas production. Petrol prices remain low because of long-standing subsidy programmes designed to support citizens.
Turkmenistan – $0.428
Turkmenistan’s government provides fuel at subsidized rates, supported by its natural gas and oil output. This makes petrol much cheaper than in many other regions.
Egypt – $0.445
This forgotten recipe cleanses the veins at an impressive rate!Important information. Read now!Cardizoom
by Taboola
Sponsored Links
Egypt maintains petrol prices through partial subsidies and state-managed pricing. Although the government has been gradually adjusting subsidies, petrol remains relatively low-cost.
Kazakhstan – $0.471
Kazakhstan’s cheap petrol is driven by its significant oil reserves and refining capacity. State-regulated prices also help keep fuel affordable for its population.
Bahrain – $0.530
Bahrain, though smaller in oil reserves compared to its Gulf neighbours, still offers low petrol prices due to its oil income and controlled pricing policies.
Post a Comment