Written by March 30, 2026

A Decade of Global Fuel Price Movements

Special Report Article
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Global Oil Prices (Last 10 Years)

Global Gasoline & Diesel Prices (10-Year Historical)

2017

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.39 0.23
Southeast Asia Cambodia 0.92 0.81
Southeast Asia Indonesia 0.63 0.58
Southeast Asia Laos 1.13 0.94
Southeast Asia Malaysia 0.49 0.47
Southeast Asia Myanmar 0.58 0.54
Southeast Asia Philippines 0.94 0.72
Southeast Asia Singapore 1.48 1.05
Southeast Asia Thailand 1.02 0.77
Southeast Asia Timor-Leste 1.12 0.98
Southeast Asia Vietnam 0.81 0.64
East Asia China 1.01 0.88
East Asia Japan 1.21 1.01
East Asia South Korea 1.33 1.14
East Asia Hong Kong 2.02 1.54
South Asia India 1.08 0.92
South Asia Pakistan 0.71 0.76
South Asia Sri Lanka 0.84 0.63
North America USA 0.67 0.7
North America Canada 0.91 0.88
North America Mexico 0.88 0.9
Europe United Kingdom 1.54 1.57
Europe Germany 1.52 1.31
Europe France 1.54 1.41
Europe Italy 1.73 1.58
Europe Norway 1.88 1.74
Europe Russia 0.66 0.65
South America Brazil 1.23 1.01
South America Argentina 1.25 1.08
South America Venezuela 0.01 0.01
South America Chile 1.18 0.86
Oceania Australia 1.01 0.99
Oceania New Zealand 1.42 0.85
Middle East Saudi Arabia 0.24 0.13
Middle East United Arab Emirates 0.54 0.55
Middle East Iran 0.34 0.1
Middle East Israel 1.71 1.62
Africa Nigeria 0.46 0.65
Africa South Africa 1.01 0.92
Africa Egypt 0.33 0.22
Africa Kenya 0.98 0.87
Central Asia Kazakhstan 0.46 0.44
Central Asia Uzbekistan 0.75 0.68
Europe Netherlands 1.78 1.45
Europe Greece 1.71 1.42
Europe Spain 1.38 1.26
Europe Turkey 1.45 1.26
South America Colombia 0.81 0.75
Africa Algeria 0.32 0.19
Oceania Fiji 0.94 0.82

2018

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.38 0.23
Southeast Asia Cambodia 1.05 0.92
Southeast Asia Indonesia 0.69 0.64
Southeast Asia Laos 1.15 1.02
Southeast Asia Malaysia 0.54 0.54
Southeast Asia Myanmar 0.68 0.72
Southeast Asia Philippines 1.08 0.92
Southeast Asia Singapore 1.68 1.35
Southeast Asia Thailand 1.06 0.88
Southeast Asia Timor-Leste 1.12 1.05
Southeast Asia Vietnam 0.88 0.78
North America United States 0.76 0.84
North America Canada 1.05 1.02
North America Mexico 1.02 1.05
Europe United Kingdom 1.65 1.72
Europe Germany 1.62 1.48
Europe France 1.74 1.68
Europe Italy 1.85 1.72
Europe Norway 1.91 1.85
Europe Russia 0.68 0.71
East Asia China 1.12 1.01
East Asia Japan 1.32 1.08
East Asia South Korea 1.45 1.25
South Asia India 1.14 1.02
South Asia Pakistan 0.75 0.82
Middle East Saudi Arabia 0.54 0.13
Middle East Iran 0.29 0.09
Middle East United Arab Emirates 0.64 0.71
South America Brazil 1.18 0.95
South America Argentina 1.1 1.02
South America Venezuela 0.01 0.01
Africa South Africa 1.15 1.08
Africa Nigeria 0.4 0.62
Africa Egypt 0.38 0.31
Oceania Australia 1.08 1.14
Oceania New Zealand 1.55 1.02

2019

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.39 0.23
Southeast Asia Cambodia 0.94 0.85
Southeast Asia Indonesia 0.69 0.66
Southeast Asia Laos 1.12 0.96
Southeast Asia Malaysia 0.5 0.52
Southeast Asia Myanmar 0.63 0.67
Southeast Asia Philippines 1.02 0.86
Southeast Asia Singapore 1.62 1.34
Southeast Asia Thailand 1.1 0.89
Southeast Asia Timor-Leste 1.15 1.04
Southeast Asia Vietnam 0.86 0.72
North America USA 0.76 0.81
North America Canada 0.95 0.96
North America Mexico 1.04 1.1
East Asia China 1.01 0.94
East Asia Japan 1.36 1.18
East Asia South Korea 1.28 1.16
South Asia India 1.05 0.96
South Asia Pakistan 0.72 0.83
Western Europe Germany 1.58 1.41
Western Europe France 1.68 1.61
Western Europe United Kingdom 1.64 1.72
Western Europe Norway 1.94 1.83
Eastern Europe Russia 0.71 0.73
Eastern Europe Poland 1.31 1.33
Middle East Saudi Arabia 0.54 0.13
Middle East UAE 0.61 0.65
Middle East Iran 0.11 0.04
South America Brazil 1.12 0.9
South America Argentina 0.92 0.88
South America Venezuela 0.0 0.0
Africa Nigeria 0.4 0.62
Africa South Africa 1.08 1.01
Africa Egypt 0.49 0.4
Oceania Australia 0.99 1.04
Oceania New Zealand 1.48 1.02
Central Asia Kazakhstan 0.45 0.5
Middle East Israel 1.76 1.74
Eastern Europe Turkey 1.19 1.13
Southern Europe Italy 1.78 1.66
Southern Europe Spain 1.46 1.38
Western Europe Netherlands 1.86 1.54
Western Europe Switzerland 1.6 1.68
South Asia Bangladesh 1.05 0.77
South Asia Sri Lanka 0.91 0.58
Africa Kenya 1.07 1.01
Africa Ethiopia 0.74 0.64
South America Chile 1.18 0.86
South America Colombia 0.72 0.69
East Asia Hong Kong 2.21 1.81

2020

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Singapore 1.58 1.34
Southeast Asia Philippines 0.92 0.78
Southeast Asia Thailand 0.88 0.82
Southeast Asia Vietnam 0.75 0.65
Southeast Asia Indonesia 0.64 0.62
Southeast Asia Malaysia 0.46 0.5
Southeast Asia Cambodia 0.85 0.8
Southeast Asia Laos 1.15 0.95
Southeast Asia Myanmar 0.58 0.6
Southeast Asia Brunei 0.37 0.23
Southeast Asia Timor-Leste 1.05 0.98
North America USA 0.66 0.72
North America Canada 0.84 0.88
North America Mexico 0.89 0.95
Europe Germany 1.48 1.25
Europe France 1.55 1.45
Europe United Kingdom 1.46 1.52
Europe Italy 1.68 1.54
Europe Spain 1.35 1.24
Europe Netherlands 1.82 1.44
Europe Norway 1.74 1.62
Europe Russia 0.62 0.65
East Asia China 0.92 0.84
East Asia Japan 1.26 1.08
East Asia South Korea 1.18 1.02
East Asia Hong Kong 2.25 2.1
South Asia India 1.08 0.98
South Asia Pakistan 0.68 0.72
South Asia Bangladesh 1.05 0.78
Oceania Australia 0.88 0.92
Oceania New Zealand 1.42 0.95
Middle East Saudi Arabia 0.42 0.14
Middle East UAE 0.52 0.58
Middle East Iran 0.1 0.04
Middle East Israel 1.65 1.58
South America Brazil 0.82 0.65
South America Argentina 0.88 0.78
South America Chile 1.12 0.78
South America Venezuela 0.02 0.01
Africa Nigeria 0.38 0.54
Africa South Africa 0.94 0.92
Africa Egypt 0.48 0.42
Africa Kenya 0.98 0.92
Central Asia Kazakhstan 0.42 0.48
Central Asia Uzbekistan 0.65 0.72

2021

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.39 0.23
Southeast Asia Cambodia 1.02 0.82
Southeast Asia Indonesia 0.68 0.65
Southeast Asia Laos 1.18 0.98
Southeast Asia Malaysia 0.49 0.51
Southeast Asia Myanmar 0.78 0.74
Southeast Asia Philippines 1.12 0.94
Southeast Asia Singapore 1.88 1.55
Southeast Asia Thailand 1.08 0.91
Southeast Asia Timor-Leste 1.15 1.1
Southeast Asia Vietnam 0.98 0.76
East Asia China 1.16 1.04
East Asia Japan 1.45 1.25
East Asia South Korea 1.48 1.28
East Asia Taiwan 1.05 0.92
South Asia India 1.34 1.24
South Asia Pakistan 0.76 0.75
South Asia Bangladesh 1.05 0.77
South Asia Sri Lanka 0.92 0.55
North America USA 0.85 0.87
North America Canada 1.15 1.08
North America Mexico 1.08 1.08
Western Europe Germany 1.82 1.66
Western Europe France 1.88 1.75
Western Europe United Kingdom 1.81 1.86
Western Europe Netherlands 2.15 1.78
Southern Europe Italy 1.95 1.82
Southern Europe Spain 1.65 1.52
Southern Europe Greece 1.98 1.68
Northern Europe Norway 2.1 1.95
Northern Europe Sweden 1.95 1.98
Eastern Europe Russia 0.68 0.69
Eastern Europe Poland 1.45 1.44
Eastern Europe Ukraine 1.1 1.05
South America Brazil 1.08 0.88
South America Argentina 0.95 0.88
South America Chile 1.25 0.95
South America Colombia 0.65 0.62
South America Venezuela 0.02 0.01
Middle East Saudi Arabia 0.62 0.17
Middle East UAE 0.65 0.68
Middle East Iran 0.06 0.01
Middle East Israel 1.92 1.85
Middle East Turkey 0.95 0.88
Oceania Australia 1.12 1.15
Oceania New Zealand 1.68 1.05
Africa Nigeria 0.42 0.78
Africa South Africa 1.22 1.18
Africa Egypt 0.55 0.42
Africa Kenya 1.15 1.02
Africa Ethiopia 0.65 0.55
Central Asia Kazakhstan 0.48 0.55
Central Asia Uzbekistan 0.85 0.82
Central America Costa Rica 1.18 1.02
Central America Panama 0.88 0.78
Caribbean Cuba 1.25 1.1
Caribbean Dominican Republic 1.28 1.05

2022

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.38 0.23
Southeast Asia Cambodia 1.28 1.15
Southeast Asia Indonesia 0.88 0.84
Southeast Asia Laos 1.42 1.25
Southeast Asia Malaysia 0.46 0.48
Southeast Asia Myanmar 1.12 1.18
Southeast Asia Philippines 1.34 1.36
Southeast Asia Singapore 2.15 2.08
Southeast Asia Thailand 1.22 0.98
Southeast Asia Timor-Leste 1.45 1.4
Southeast Asia Vietnam 1.18 1.06
North America United States 1.11 1.32
North America Canada 1.38 1.45
North America Mexico 1.12 1.14
Europe United Kingdom 1.98 2.14
Europe Germany 1.95 2.04
Europe France 1.86 1.92
Europe Italy 1.88 1.9
Europe Spain 1.82 1.84
Europe Norway 2.25 2.18
Europe Netherlands 2.2 2.05
Europe Switzerland 1.92 2.12
Europe Russia 0.72 0.76
Europe Turkey 1.25 1.35
Europe Poland 1.48 1.58
East Asia China 1.32 1.2
East Asia Japan 1.28 1.14
East Asia South Korea 1.45 1.48
South Asia India 1.28 1.16
South Asia Pakistan 0.85 0.92
South Asia Bangladesh 1.15 1.05
South Asia Sri Lanka 1.2 1.18
Middle East Saudi Arabia 0.62 0.17
Middle East United Arab Emirates 0.95 1.05
Middle East Iran 0.05 0.01
Middle East Iraq 0.51 0.48
Middle East Israel 1.98 2.05
Middle East Qatar 0.58 0.56
Middle East Kuwait 0.34 0.38
Oceania Australia 1.26 1.42
Oceania New Zealand 1.85 1.75
South America Brazil 1.18 1.25
South America Argentina 1.1 1.15
South America Chile 1.38 1.22
South America Colombia 0.62 0.6
South America Venezuela 0.02 0.01
South America Peru 1.45 1.42
Africa South Africa 1.38 1.44
Africa Nigeria 0.45 1.1
Africa Egypt 0.52 0.38
Africa Morocco 1.42 1.38
Africa Kenya 1.32 1.2
Africa Ethiopia 1.05 1.02
Africa Ghana 1.15 1.22
Central America Costa Rica 1.35 1.28
Central America Guatemala 1.18 1.12
Central America Panama 1.05 1.02
Caribbean Cuba 1.25 1.15
Caribbean Dominican Republic 1.48 1.32
Caribbean Jamaica 1.42 1.38
Central Asia Kazakhstan 0.44 0.55
Central Asia Uzbekistan 0.95 1.02

2023

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.39 0.23
Southeast Asia Cambodia 1.15 1.05
Southeast Asia Indonesia 0.91 0.97
Southeast Asia Laos 1.52 1.18
Southeast Asia Malaysia 0.44 0.46
Southeast Asia Myanmar 1.02 1.08
Southeast Asia Philippines 1.18 1.05
Southeast Asia Singapore 2.08 1.92
Southeast Asia Thailand 1.24 0.94
Southeast Asia Timor-Leste 1.42 1.48
Southeast Asia Vietnam 0.96 0.84
North America USA 0.94 1.12
North America Canada 1.18 1.25
North America Mexico 1.22 1.28
East Asia China 1.15 1.06
East Asia Japan 1.21 1.04
East Asia South Korea 1.25 1.18
East Asia Hong Kong 2.98 2.65
South Asia India 1.17 1.08
South Asia Pakistan 0.98 1.02
South Asia Bangladesh 1.14 0.98
South Asia Sri Lanka 1.12 1.05
Europe United Kingdom 1.82 1.94
Europe Germany 1.98 1.88
Europe France 2.02 1.95
Europe Italy 2.05 1.92
Europe Norway 2.25 2.12
Europe Netherlands 2.15 1.98
Middle East Saudi Arabia 0.62 0.2
Middle East UAE 0.85 0.88
Middle East Iran 0.03 0.01
Middle East Kuwait 0.34 0.38
Middle East Qatar 0.58 0.56
South America Brazil 1.12 1.18
South America Argentina 0.88 0.95
South America Chile 1.45 1.25
South America Venezuela 0.02 0.01
Africa Nigeria 0.72 1.15
Africa South Africa 1.22 1.25
Africa Egypt 0.35 0.26
Africa Kenya 1.38 1.28
Oceania Australia 1.26 1.35
Oceania New Zealand 1.72 1.38
Central Asia Russia 0.58 0.62
Central Asia Kazakhstan 0.45 0.52
Central Asia Uzbekistan 0.95 1.05
Europe Switzerland 2.05 2.18
Europe Spain 1.78 1.72
Europe Turkey 1.15 1.18
Africa Morocco 1.48 1.38
South America Colombia 0.92 0.82
South America Peru 1.35 1.42
Middle East Jordan 1.62 1.25
Middle East Israel 1.95 1.88
Central America Costa Rica 1.38 1.25
Central America Panama 1.05 0.98
Africa Algeria 0.34 0.21
Africa Angola 0.32 0.25
South Asia Nepal 1.32 1.22
Oceania Fiji 1.3 1.2

2024

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.37 0.23
Southeast Asia Cambodia 1.12 0.95
Southeast Asia Indonesia 0.77 0.87
Southeast Asia Laos 1.36 0.9
Southeast Asia Malaysia 0.46 0.67
Southeast Asia Myanmar 1.01 0.85
Southeast Asia Philippines 1.08 0.92
Southeast Asia Singapore 2.04 1.84
Southeast Asia Thailand 1.34 0.97
Southeast Asia Timor-Leste 1.35 0.95
Southeast Asia Vietnam 0.83 0.73
North America United States 0.88 1.04
North America Canada 1.15 1.25
North America Mexico 1.35 1.4
Western Europe United Kingdom 1.85 1.95
Western Europe Germany 1.9 1.85
Western Europe France 1.95 1.9
Western Europe Netherlands 2.15 1.95
Western Europe Switzerland 2.05 2.15
Southern Europe Italy 1.98 1.92
Southern Europe Spain 1.75 1.65
Northern Europe Denmark 2.16 2.05
Northern Europe Norway 2.1 2.0
Northern Europe Sweden 1.85 1.9
Eastern Europe Russia 0.62 0.65
Eastern Europe Poland 1.62 1.65
East Asia China 1.1 1.05
East Asia Japan 1.18 1.05
East Asia South Korea 1.25 1.15
East Asia Hong Kong 3.31 3.4
South Asia India 1.15 1.05
South Asia Pakistan 0.95 0.98
South Asia Bangladesh 1.1 0.9
Middle East Saudi Arabia 0.62 0.35
Middle East United Arab Emirates 0.85 0.8
Middle East Iran 0.03 0.01
Middle East Turkey 1.25 1.25
Oceania Australia 1.25 1.35
Oceania New Zealand 1.75 1.45
South America Brazil 1.15 1.2
South America Argentina 1.1 1.15
South America Chile 1.45 1.2
South America Venezuela 0.04 0.02
Africa South Africa 1.2 1.25
Africa Egypt 0.32 0.25
Africa Nigeria 0.55 0.85
Africa Kenya 1.45 1.35
Central Asia Kazakhstan 0.5 0.65
Central Asia Uzbekistan 0.9 1.05

2025

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.25 0.15
Southeast Asia Cambodia 1.14 1.08
Southeast Asia Indonesia 0.65 0.58
Southeast Asia Laos 1.32 1.15
Southeast Asia Malaysia 0.46 0.46
Southeast Asia Myanmar 1.12 1.2
Southeast Asia Philippines 1.18 1.05
Southeast Asia Singapore 2.38 2.22
Southeast Asia Thailand 1.05 0.94
Southeast Asia Timor-Leste 1.28 1.12
Southeast Asia Vietnam 1.08 1.02
North America United States 0.82 0.95
North America Canada 1.02 1.1
North America Mexico 1.35 1.25
Europe United Kingdom 1.79 1.88
Europe Germany 1.78 1.71
Europe France 2.11 1.95
Europe Italy 2.08 1.92
Europe Spain 1.84 1.7
Europe Norway 1.9 1.8
Europe Switzerland 2.17 2.2
Europe Netherlands 2.26 2.05
Europe Russia 0.6 0.65
Middle East Saudi Arabia 0.62 0.3
Middle East Iran 0.11 0.05
Middle East United Arab Emirates 0.85 0.88
Middle East Kuwait 0.34 0.38
Middle East Qatar 0.58 0.56
Middle East Turkey 1.18 1.15
East Asia China 1.03 0.95
East Asia Japan 1.01 0.92
East Asia Hong Kong 3.07 2.8
East Asia South Korea 1.18 1.1
South Asia India 1.11 1.02
South Asia Pakistan 0.91 0.88
South Asia Bangladesh 1.02 0.9
Africa Egypt 0.34 0.28
Africa Nigeria 0.55 0.75
Africa South Africa 1.26 1.2
Oceania Australia 1.22 1.3
Oceania New Zealand 1.65 1.25
South America Brazil 1.1 1.15
South America Argentina 1.11 1.05
South America Venezuela 0.03 0.02
South America Colombia 0.92 0.85
Central America Costa Rica 1.38 1.18
Central America Panama 1.02 0.95
Caribbean Cuba 1.25 1.1
Caribbean Dominican Republic 1.32 1.15
Africa Algeria 0.34 0.22
Africa Libya 0.03 0.02
Africa Ethiopia 0.68 0.72
Africa Kenya 1.45 1.38
Central Asia Kazakhstan 0.47 0.65
Central Asia Uzbekistan 0.95 0.88
Europe Ireland 1.82 1.78
Europe Sweden 1.75 1.85
Europe Poland 1.55 1.58
Europe Greece 2.05 1.82
South Asia Sri Lanka 1.15 1.05
East Asia Taiwan 0.98 0.88
Middle East Israel 2.02 2.15
South America Chile 1.35 1.1
South America Peru 1.22 1.25
Oceania Fiji 1.35 1.28

2026

Region Country Gasoline (USD/L) Diesel (USD/L)
Southeast Asia Brunei 0.37 0.22
Southeast Asia Cambodia 1.25 1.8
Southeast Asia Indonesia 0.66 0.78
Southeast Asia Laos 1.72 1.77
Southeast Asia Malaysia 0.5 1.26
Southeast Asia Myanmar 1.65 1.88
Southeast Asia Philippines 1.5 1.84
Southeast Asia Singapore 2.84 2.76
Southeast Asia Thailand 1.13 1.07
Southeast Asia Timor-Leste 1.35 1.42
Southeast Asia Vietnam 1.02 1.3
East Asia China 1.34 1.28
East Asia Japan 1.17 1.25
East Asia South Korea 1.18 1.3
East Asia Hong Kong 3.42 3.2
East Asia Taiwan 0.95 0.85
South Asia India 1.08 1.05
South Asia Pakistan 1.51 1.6
South Asia Bangladesh 0.98 1.1
South Asia Sri Lanka 1.45 1.55
South Asia Nepal 1.15 1.25
Middle East Saudi Arabia 0.62 0.55
Middle East United Arab Emirates 0.68 0.75
Middle East Kuwait 0.34 0.45
Middle East Qatar 0.52 0.6
Middle East Iran 0.05 0.03
Middle East Israel 2.33 2.45
Middle East Iraq 0.55 0.5
Europe United Kingdom 1.93 2.1
Europe Germany 2.4 2.3
Europe France 2.26 2.15
Europe Netherlands 2.56 2.45
Europe Italy 2.08 2.25
Europe Spain 1.84 2.05
Europe Norway 2.6 2.5
Europe Russia 0.83 0.85
North America United States 0.86 0.98
North America Canada 1.45 1.55
North America Mexico 1.35 1.45
South America Brazil 1.25 1.35
South America Argentina 1.11 1.2
South America Colombia 1.05 0.95
South America Venezuela 0.03 0.02
Oceania Australia 1.56 1.65
Oceania New Zealand 1.75 1.85
Africa Nigeria 0.65 0.75
Africa South Africa 1.26 1.35
Africa Egypt 0.45 0.4
Africa Angola 0.35 0.3
Africa Kenya 1.4 1.3
Europe Switzerland 2.17 2.32
Europe Belgium 2.2 2.15
Europe Sweden 2.35 2.4
Central America Panama 0.85 0.9
Central America Costa Rica 1.3 1.25
Africa Malawi 2.46 2.35
Middle East Oman 0.62 0.68
Middle East Bahrain 0.62 0.55
Caribbean Puerto Rico 0.88 0.95
Caribbean Barbados 1.62 1.5
Africa Libya 0.03 0.03
Africa Sudan 1.1 1.05
Europe Turkey 1.18 1.22
Central Asia Turkmenistan 0.37 0.35
Central Asia Kazakhstan 0.55 0.65
South America Chile 1.4 1.35
South America Peru 1.3 1.25
Europe Poland 1.7 1.85
Europe Ukraine 1.35 1.45
Oceania Fiji 1.25 1.2
Africa Ethiopia 1.15 1.05
Africa Ghana 1.1 1.2
Middle East Jordan 1.65 1.55
Middle East Lebanon 1.1 1.0
Europe Portugal 1.95 2.05
Europe Greece 2.15 2.2
North America Guatemala 1.17 1.1
Africa Morocco 1.45 1.35
Africa Algeria 0.35 0.25
East Asia Mongolia 1.05 1.15
South Asia Bhutan 0.67 0.72
Europe Finland 2.3 2.45
Europe Denmark 2.25 2.35
Europe Ireland 2.05 2.45
Europe Austria 1.9 2.1
South America Uruguay 1.95 1.85
South America Paraguay 1.15 1.25
Africa Sierra Leone 1.63 1.7
Africa Seychelles 1.52 1.45
Oceania Papua New Guinea 1.35 1.4

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