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GlobalPetrolPrices.com

The most wide-ranging data on retail fuel prices and crude oil news from around the world We also run TheGlobalEconomy.com and GlobalAlcoholPrices.com.

We provide data and analysis on transport fuels and crude oil in three main aspects:

- Retail prices of gasoline, diesel and LPG in over 100 countries - We publish the most wide-ranging and reliable data on retail fuel prices around the world. The data are collected and published on a weekly basis using information from government institutions, regulatory agencies, major media sources, and oil co

mpanies. Our data have been used by international organizations including the United Nations and the International Monetary Fund, corporations such as Descartes, Diageo, Dow Chemical, LeasePlan International, McKinsey & Company, SABMiller, and Swarovski. We are frequently featured in research and the media.

- Short-term forecasts on the crude oil price - Every month, we publish outlook and forecast for the price of Brent crude oil, the global benchmark, for three months ahead. Our forecast is based on the expectations of respondents who have filled out our online survey. We discuss the survey result in the context of current market dynamics and provide outlook on possible price variations.

- GPP Quarterly Bulletin – Our premier publication covering major fuel market trends across the globe on quarterly basis. We provide details and context on the most important regulations, macroeconomic conditions and technical issues affecting the price of crude oil and retail fuel prices in various countries. Our team includes data analysts and a programmer under the guidance of Neven Valev, a Ph.D. economist with over 15 years experience as a professor of international economics.

04/09/2025

World average retail energy prices for Q1 2025 and the percent change from the previous quarter and the same quarter in 2024. Based on 150 countries.

03/05/2025

Diesel prices per liter of fuel in Germany and its neighboring countries

02/24/2025

Rapid industrialization and energy consumption go hand in hand. China's GDP in USD and its electricity consumption over time.

02/14/2025

The price of electricity for households in the ten largest economies.

02/11/2025

India: an example of a switch from a semi-liberalized fuel pricing policy to highly regulated one.

02/05/2025

The latest gasoline prices in 180 countries: https://www.globalpetrolprices.com/gasoline_prices/ Both gasoline and diesel prices are up about 2.6 percent globally in line with the January increase in oil prices.

01/22/2025

The global average gasoline price, based on 130 countries, clearly tracks crude oil prices but with more limited volatility. Many countries have regulated fuel prices and those adjust slowly and only partially to oil price changes.

01/15/2025

The latest diesel prices around the world: https://www.globalpetrolprices.com/diesel_prices/. The global average is 1.11 USD per liter, the same as last week. It will take a few weeks for the latest oil price increase to pass through to retail prices.

01/07/2025

World average energy prices from Q4 2024 with quarterly and annual percent changes. Based on about 150 countries. Fuel and natural gas prices down about 5-10 percent, electricity prices mostly flat.

12/12/2024

Our latest diesel price forecast for Norway with three trajectories for oil prices for the next 24 months. Forecasts for over 80 countries available here: https://www.globalpetrolprices.com/forecast.php

11/29/2024

U.S. gasoline and diesel prices (in USD per liter of fuel) and WTI (right scale). A fairly tight, but not perfect, link between crude oil prices and retail fuel prices.

10/30/2024

The world average diesel price is 1.18 USD per liter of fuel, continuing its steady decline over the last several weeks. The latest diesel prices from this week: https://www.globalpetrolprices.com/diesel_prices/

10/17/2024

The world average gasoline price held steady at 1.18 USD per liter since last week, down from 1.25 USD per liter three months ago. The latest prices for 170 countries are available here: https://www.globalpetrolprices.com/gasoline_prices/

10/09/2024

What happened to world electricity prices in Q3 2024 and what lies ahead. Watch a brief presentation: https://youtu.be/rCIHPhD1AnE?si=nC6EIq2taP9Gl3HE

09/27/2024

China regulates gasoline prices, setting new levels every ten days. However, it does so in a way that takes into account crude oil price changes. The correlation with oil prices is high (0.94), similar to that in liberalized markets.

09/16/2024

How the world produces electricity: 62.8% fossil fuels; 7.5% wind; 4.6% solar; 15.6% hydro; 9.3% nuclear; and 0.3% geothermal. Past distributions since 1990 and energy mix by country: https://www.globalpetrolprices.com/energy_mix.php

09/12/2024

Malaysia reduced diesel price subsidies a couple of months ago which raised the price of unsubsidized diesel by about 50 percent. As the chart shows, however, diesel prices are still significantly lower than in Indonesia.

08/30/2024

Colombia is considering reducing diesel price subsidies to alleviate the fiscal burden on the government. While diesel prices in Colombia have remained relatively stable over the past few years, other Latin American countries have seen steady increases.

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