Gallon is a measure of volume in the English system of measures, corresponding to 3.79 to 4.55 liters (depending on the country of use).
The difference in price depends on the availability of oil andtaxation
The global average is $5.58 per gallon. The difference in price depends on two factors: the availability of domestic oil and the level of taxes.
The Latvian portal bb.lv quotes these data from GlobalPetrolPrices.
The absolute leader in fuel availability is Libya. The price of $0.09 per gallon makes gasoline there cheaper than bottled water.
Iran ($0.11) and Venezuela ($0.13) are next. In these countries, governments introduce large-scale fuel subsidies to maintain social stability and support domestic consumption.
The top ten countries with the most affordable fuel prices also include Angola ($1.24), Kuwait ($1.28), Algeria ($1.34), Turkmenistan ($1.62), Egypt ($1.66), Kazakhstan ($1.99) and Qatar ($2.13). Saudi Arabia and Oman round out the list of countries with prices below the world average at $2.35 per gallon.
The opposite situation is observed in regions with high population density, lack of own oil and excise policy.
Hong Kong ranks first in the world at $15.65 per gallon. European countries are also among the leaders in terms of high cost (Netherlands, Denmark). Israel and Malawi are also in this category.
Incentivizing savings and promoting environmentally friendlytransportation
High fuel taxes in these states are aimed at replenishing the budget, stimulating resource conservation and developing alternative transportation.
In Russia, the price of gasoline in April 2026 is about 67 rubles per liter (approximately $0.89), which corresponds to $3.35 per gallon. Since the beginning of the year, fuel prices have risen by more than 3%, with the cost of the popular AI-95 reaching almost 69 rubles per liter.
The easiest way to realize the price gap is to compare the distance that can be covered for the same amount of money. In Libya, $10 worth of gasoline is enough to drive about 3,885 miles (about 6,250 kilometers). In Hong Kong, the same $10 is enough for only 22 miles (about 35 kilometers).
