According to the classification of the specialized site Global Petroleum Price, fuel prices in Algeria are among the cheapest in the world. Indeed, Algeria was ranked fifth in the world for gasoline prices. In detail, Venezuela took first place in the said ranking. A major oil exporter, Venezuela is the country with the cheapest gasoline prices. Or 0.100 Venezuelan bolivar per liter, the equivalent of 0.016 US dollars.
According to the revelations of the same source, Libya followed Venezuela, taking 2nd place. Indeed, in Libya a liter of gasoline is marketed at 0.150 Libyan dinar (0.031 dollar). It should be noted in the same wake that Iran took third place on the podium. In detail, one liter of said material is the equivalent of 0.053 dollars in Iran. Knowing that the fourth place goes to Angola, since a liter of gasoline is exchanged at 0.317 dollar.
As for Algeria, it was ranked 5th. Indeed, the price of a liter of gasoline is estimated at 45,970 Algerian dinars, or the equivalent of 0.334 US dollars. As a reminder, Algeria has not increased the prices of the material in question for 4 years now. Moreover, the same site ranked Hong Kong as the country with the highest gasoline prices globally.
Diesel prices: here is the ranking of Algeria
With regard to diesel prices, the Global Petroleum Price site reported that Algeria is ranked in 5th position. And this, compared to the countries that hold the highest diesel prices in the world. Indeed, a liter of diesel is at 0.211 US dollars. Compared to the prices of liquefied petroleum gas (LPG), Algeria was displayed at the top of the ranking in terms of the cheapest prices in the world.
Or 0.065 dollar for the liter. It should be noted that the prices of the same material displayed worldwide are at 0.74 dollar. In fact, it comes at a time when the world is going through a huge energy crisis. Indeed, you are not unaware that energy prices have soared in recent years. Especially in Europe.
