Dubai, United Arab Emirates (CNN) – The average price of a liter of gasoline around the world has reached 1.33 dollars, according to the Global Petrol Prices website, but there is a large disparity in prices between countries in the world, with the highest price reaching 2.88 in Hong Kong on March 21 / March. While Jordan was the highest country among the Arab countries in the price of a liter of gasoline, which reached 1.53 dollars.
Global Petrol Prices.com tracks retail prices for auto fuel, electricity, and natural gas in more than 150 countries. Location data is used to stay on top of energy costs across countries and to check trends over time, according to the location.
As a general rule, rich countries have higher prices while poorer countries and countries that produce and export oil have significantly lower prices. One notable exception was the United States, which is an economically advanced country, but where gas prices are low. The differences in prices between countries are due to different taxes and subsidies for gasoline.
All countries had access to the same oil prices for international markets, but then decided to impose different taxes. As a result, the retail price of gasoline varies.
And in the second place after Jordan for the highest prices of gasoline in the Arab countries during March, was Morocco, where the price of a liter of gasoline reached 1.462 dollars, followed by Yemen (0.986).
Here is the infographic above for the countries with the highest gasoline prices per liter around the world, and gasoline prices per liter in US dollars in Arab countries up to 21.