The price of fuel around the world: Poland sees biggest price increase in 2 weeks, while worldwide average increase is 2.86%
Hi there, Two weeks ago the team at Insuranks released the price of fuel around the world for the top 50 countries by population. Two weeks on, the team have gone back to the research and can now show the comparison in how much fuel costs have increased or decreased (or not at all) in the past fortnight. Key findings are as follows: * Poland has seen the biggest price increase in 2 weeks - an increase of 20.62% to $5.838 per US gallon (up from $4.840) * Egypt has seen the biggest price decrease of -14.01%, down to $1.964 per US gallon * The US' fuel cost has risen by 3.90% - higher than the global average of 2.86% More information can be found below or on the company's website at: www.insuranks.com/car-insurance-quotes <http://www.insuranks.com/car-insurance-quotes> I wondered if this might be of interest? Thanks, Naomi FOR IMMEDIATE RELEASE MARCH 2022 The price of fuel around the world: Poland sees biggest price increase in 2 weeks, while worldwide average increase is 2.86% * Venezuela remains the cheapest country to purchase fuel in, with fuel costing just $0.095 per gallon (no price change in 2 weeks), while Germany remains the most expensive at $8.608 per gallon (a 4.18% increase) * Poland saw the biggest price increase in the past 2 weeks, with fuel costs jumping 20.62% * Egypt saw the biggest decrease, however, with fuel costs dropping -14.01% * The worldwide average fuel costs increased by 2.86% Amid ever-rising fuel prices, financial specialists from <http://www.insuranks.com/> www.insuranks.com collated fuel prices across the 50 most populated countries in the world to find out the cheapest and most expensive countries in the world to drive a car based on current fuel prices. The latest round of data was collated w/c 28th March and compared to data from two weeks prior. The findings were as follows (costs for US gallon): Country Cost $ - w/c 14/03/22 Cost $ - w/c 28/03/22 % change in cost Poland 4.840 5.838 20.62% Burma 4.904 4.898 19.64% Brazil 4.870 5.728 17.62% Philippines 4.773 5.580 16.91% Morocco 4.963 5.560 12.03% Yemen 3.358 3.731 11.11% Peru 4.996 5.506 10.21% Vietnam 4.530 4.921 8.63% Mexico 4.079 4.357 6.82% Spain 7.192 7.587 5.49% Angola 1.275 1.344 5.40% Canada 5.611 5.909 5.31% United Kingdom 7.720 8.095 4.86% South Africa 5.236 5.484 4.74% Nepal 4.623 4.820 4.26% Germany 8.263 8.608 4.18% France 7.930 8.259 4.15% Argentina 3.696 3.845 4.03% USA 4.460 4.634 3.90% Turkey 4.943 5.082 2.81% India 5.052 5.122 1.39% Kenya 4.369 4.428 1.35% Colombia 2.361 2.379 0.76% Afghanistan 3.318 3.336 0.54% Uganda 5.246 5.267 0.40% Algeria 1.216 1.217 0.08% Iraq 1.944 1.945 0.05% Venezuela 0.095 0.095 0.00% Iran 0.194 0.194 0.00% Nigeria 1.515 1.515 0.00% Saudi Arabia 2.351 2.351 0.00% Sudan 3.599 3.599 0.00% Mozambique 4.094 4.094 0.00% China 5.177 5.517 0.00% Tanzania 4.156 4.144 -0.29% Indonesia 3.388 3.398 -0.30% Bangladesh 3.926 3.910 -0.41% Malaysia 1.858 1.840 -0.97% Thailand 5.467 5.362 -1.92% Pakistan 3.184 3.114 -2.20% Ukraine 4.478 4.363 -2.50% Uzbekistan 3.378 3.223 -4.59% Italy 8.009 7.607 -5.02% Ghana 4.611 4.307 -6.59% Japan 5.600 5.199 -7.16% Egypt 2.284 1.964 -14.01% The key findings were: * Poland saw the biggest increase in fuel costs, jumping from $4.840 to $5.838 (20.62% increase) * Egypt's fuel costs dropped the lowest of all countries, from $2.284 to $1.964 (-14.01% * Just 7 countries didn't change their fuel costs * Taking into account all countries included in the research, the average worldwide change in fuel prices was found to be +2.86% Ofir Sahar, CEO of <http://www.insuranks.com/> www.insuranks.com, commented: "While there are countries around the world that are seeing fuel prices drop, for the majority of countries prices continue to rise and this follows suit with many other costs currently rising. If prices continue to rise at this rate, it won't be long until many are struggling to fill their fuel tanks - if they're not already. We hope that governments are going to sit up and take charge soon, for the sake of their residents." ENDS Naomi Williams PR Account Executive 10 Yetis Digital PR T: 01452 348211 | W: <http://www.10yetis.co.uk/> www.10Yetis.co.uk FB: https://www.Facebook.com/10Yetis <https://www.facebook.com/10Yetis/> | IG: https://www.instagram.com/10yetis/ News: <http://www.10yetis.co.uk/news> https://www.10yetis.co.uk/news | Sign up for more: <http://www.10yetis.co.uk/newsletter> https://www.10yetis.co.uk/news <http://www.10yetis.co.uk/newsletter> letter 10 Yetis is a Limited Company. Registration number 5542316. Our address is 10 Yetis Public Relations, 9 Pullman Court, Great Western Road, Gloucester, GL1 3ND. NOTICE: This email is intended solely for the named recipient only. It may contain privileged and/or confidential information. 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