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Turkmenistan holds spot in top countries for lowest diesel prices

Economy Materials 23 October 2024 19:10 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, October 23. Turkmenistan is among the ten countries with the lowest diesel prices as of October 21, 2024.

Data obtained by Trend from the Global Petrol Prices portal shows that diesel in Turkmenistan costs $0.286 per liter, which puts Turkmenistan in seventh place among the countries with the most affordable diesel prices.

Meanwhile, Venezuela leads the list with a price of $0.004 per liter.

Furthermore, the list of countries with the lowest diesel prices also includes Iran, Libya, Algeria, Angola, Egypt, Saudi Arabia, Kuwait, and Ecuador.

In turn, the highest diesel prices are recorded in countries such as Finland, Singapore, Wallis and Futuna, Albania, Liechtenstein, Switzerland, CAR, Iceland, Monaco, and Hong Kong. The highest price is observed in Hong Kong at $3.184 per liter.

The average price of diesel in the world is $1.18 per liter as of October 21 this year. These fluctuations in diesel prices are largely due to differences in national fuel taxation structures and subsidy policies.

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