Top 10 Countries Selling the Cheapest Petrol in the World
Most of us complain about fuel prices, but in some parts of the world, that’s just not an issue. Imagine topping up your tank for less than the cost of a cup of tea. That’s normal for drivers in places like Iran, Libya, and Venezuela, where oil flows freely and the government makes sure it stays that way.
1. Iran – About $0.03 per Litre
Iran sits at the top with petrol at just under three cents a litre. Thanks to vast oil reserves and state policies, fuel stays dirt cheap—even with sanctions in the way. People in Iran rarely worry about fuel costs. The downside? Smuggling and waste are pretty common.
2. Libya – About $0.03 per Litre
Libya’s been through years of political chaos, but somehow, petrol prices never really budge. Government price controls mean drivers pay next to nothing at the pump.
3. Venezuela – About $0.04 per Litre
Venezuela used to be an oil giant and still sells petrol for pennies, mostly because of subsidies. But with wild inflation and economic struggles, even cheap fuel doesn’t solve bigger problems.
4. Angola – About $0.33 per Litre
Angola is one of Africa’s oil powerhouses. Subsidies and local refineries keep petrol prices low, and that helps shield people from global price swings.
5. Egypt – About $0.34 per Litre
Egypt keeps petrol affordable, thanks to government subsidies. It’s part of a bigger plan to keep living costs under control as world prices climb.
6. Algeria – About $0.34 per Litre
Algeria uses its oil wealth to keep fuel prices steady. Government controls help families and businesses keep their transport costs in check.
7. Kuwait – About $0.34 per Litre
In Kuwait, petrol actually costs less than bottled water. Being one of the richest oil producers on earth means citizens enjoy cheap fuel and a lower cost of living.
8. Turkmenistan – About $0.43 per Litre
Turkmenistan leans on its massive gas reserves and strict government controls to keep petrol cheap. Subsidies are just part of how things work there.
9. Malaysia – About $0.46 per Litre
Malaysia exports more oil than it imports, so the government keeps a close eye on prices. That means affordable fuel for commuters and businesses alike.
10. Kazakhstan – About $0.47 per Litre
Kazakhstan wraps up the list with prices well below the global average. Their strong oil and gas industry lets them keep energy costs low at home.
What’s Behind the Low Prices?
The answer’s simple: oil money and government control. These countries rely on energy production, so cheap fuel keeps people happy and the economy humming. Of course, there’s a flip side—fuel subsidies can drain national budgets and encourage waste. But for drivers in these places, the gas station isn’t a source of stress. It’s just another reminder of how good they have it.
