Comparative study of petrol prices in various countries.

In a world where filling up can cost as much as a Michelin-starred dinner. You might think that the roads are paved with gold, but in reality, it is more of an adventure for the wallet. So why these prices that would make even a barrel of oil blush? Let's delve into the mysteries of Albanian prices, where the road to filling up is strewn with pitfalls... and expenses.

Petrol prices in Europe

In Europe, the prices of a liter of petrol vary considerably. For example, in Switzerland, the price has reached €1.96, while in the Netherlands it is €1.93. Other countries such as Albania and Finland have similar prices around €1.92. On the other hand, countries such as Saint Vincent and the Grenadines have much higher prices, reaching €3.02.

Gasoline Prices in Africa

In Africa, costs are generally lower. Algeria stands out with an extremely low price of €0.31. Followed by Angola at €0.34. Even countries like Benin and Burkina Faso have prices around €0.90 and €1.19, respectively. In comparison, Congo-Brazzaville and Cameroon have prices of €1.09.

Gasoline Prices in America

Prices in America vary. In the United States, a liter of gasoline costs €0.86, while in Canada it is €1.06. In contrast, Mexico has a price of €1.12. Comparatively, countries like Argentina and Bolivia have lower prices, at €0.85 and €0.49, respectively.

Cheap Gasoline: Why Some Countries Take Advantage

In 2024, in some countries like Libya, a liter costs only €0.03, while in Egypt it is €0.24. Algeria and Kuwait have prices of €0.31, and Angola €0.34. These low prices are explained by the abundance of oil resources and government subsidies. In these countries, the State often controls prices to maintain accessibility to energy, thus promoting an economy that links oil to an affordable cost of living. These strategies directly influence the cost of a liter of gasoline.

Why is gasoline more expensive in some countries?

In 2024, the average price of gasoline in Albania is €1.92 with a minimum of €1.81 and a maximum of €2.09. Compared to France, this price is high, especially compared to €1.96 in Switzerland and €1.93 in the Netherlands. Several factors explain this high cost: increased dependence on energy imports, limited infrastructure and higher taxes on fuels. In addition, Albania is investing in its energy resources, which can lead to higher costs in the short term. These elements directly impact the budget of motorists.

In short, even if consumers are affected by fluctuations in gasoline prices, producers are not spared from this reality. They must juggle increasing costs and reduced margins, making the situation precarious. This complex dynamic shows that the oil market, far from being a linear world, is a battlefield where everyone, from the gas station attendant to the producer, is struggling with economic turbulence and supply challenges.