📷 Marc Rentschler / Unsplash
Petrol Around the World — Why the 5x Spread
Live retail gasoline prices across 23 countries from globalpetrolprices.com. Tax does most of the work.
WorldPrice editorial
Where it stands
Korea pumps
2,009원per liter — about
-18%above the US (
$1.26). USD:
$1.53vs
$1.26.
Spread
$0.71 → $4.15 (×5.8)— nearly a 5x range.
Cheapest:
🇮🇩 Indonesia $0.71Priciest:
🇭🇰 Hong Kong $4.15Top 5
- 🇮🇩 Indonesia $0.71
- 🇻🇳 Vietnam $0.93
- 🇲🇾 Malaysia $1.00
- 🇮🇳 India $1.06
- 🇯🇵 Japan $1.08
Why the gap
Three levers:
- Wholesale crude — uniform globally
- Fuel tax — varies wildly
- Distribution margin — local market structure
Middle East / US / SEA producers tax lightly. Europe and Northeast Asia hit 60%+ tax share.
Data
Updated weekly via globalpetrolprices.com — all 23 countries verified, source URLs preserved.
