100+ datasets found
  1. Global diesel prices 2025, by select country

    • statista.com
    Updated Aug 12, 2025
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    Statista (2025). Global diesel prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266885/automotive-diesel-prices-by-country/
    Explore at:
    Dataset updated
    Aug 12, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 4, 2025
    Area covered
    Worldwide
    Description

    Hong Kong has some of the highest diesel prices in the world. As of August 4, 2025, drivers in Hong Kong paid an average of 3.49 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

  2. G

    Diesel prices by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 18, 2015
    + more versions
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    Globalen LLC (2015). Diesel prices by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/diesel_prices/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Jan 18, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    World
    Description

    The average for 2016 based on 160 countries was 0.87 dollars. The highest value was in Iceland: 1.63 dollars and the lowest value was in Libya: 0.11 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

  3. Global monthly fuel price index 2020-2025

    • statista.com
    Updated Jan 15, 2020
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    Statista (2020). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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    Dataset updated
    Jan 15, 2020
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Sep 2025
    Area covered
    Worldwide
    Description

    The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

  4. R

    Russia Average World Price: Diesel Fuel (Gasoil)

    • ceicdata.com
    Updated Oct 15, 2025
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    CEICdata.com (2025). Russia Average World Price: Diesel Fuel (Gasoil) [Dataset]. https://www.ceicdata.com/en/russia/average-world-prices-crude-oil-export-price-crude-oil-export-duty/average-world-price-diesel-fuel-gasoil
    Explore at:
    Dataset updated
    Oct 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2017 - Dec 1, 2018
    Area covered
    Russia
    Variables measured
    Trade Prices
    Description

    Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

  5. Comparisons of international road fuel prices

    • gov.uk
    Updated Nov 27, 2025
    + more versions
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    Department for Energy Security and Net Zero (2025). Comparisons of international road fuel prices [Dataset]. https://www.gov.uk/government/statistical-data-sets/comparisons-of-international-road-fuel-prices
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    Dataset updated
    Nov 27, 2025
    Dataset provided by
    GOV.UKhttp://gov.uk/
    Authors
    Department for Energy Security and Net Zero
    Description

    https://assets.publishing.service.gov.uk/media/6926c92fce50d215cae95fe6/table_511_and_521_4_.xlsx">Monthly: Premium unleaded petrol/diesel prices in the EU (QEP 5.1.1 and 5.2.1)

    MS Excel Spreadsheet, 1.19 MB

    This file may not be suitable for users of assistive technology.

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alt.formats@energysecurity.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.

  6. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
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    Statista, Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Oct 27, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on October 27, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel remained stable that week. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

  7. d

    Master Data: Year- and Month-wise International FOB (Free On Board) Price of...

    • dataful.in
    Updated Nov 24, 2025
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    Dataful (Factly) (2025). Master Data: Year- and Month-wise International FOB (Free On Board) Price of Petrol and Diesel [Dataset]. https://dataful.in/datasets/18191
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    xlsx, application/x-parquet, csvAvailable download formats
    Dataset updated
    Nov 24, 2025
    Dataset authored and provided by
    Dataful (Factly)
    License

    https://dataful.in/terms-and-conditionshttps://dataful.in/terms-and-conditions

    Area covered
    India
    Variables measured
    International FOB Prices
    Description

    High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2018-19 to till date on International Free On Board (FOB) price of Petrol and Diesel

    Notes:

    1. The FOB (Free On Board) price is the price of goods at the frontier of the exporting country or price of a service provided to a non-resident. It includes the values of the goods or services at the basic price, the transport and distribution services up to the frontier, the taxes minus the subsidies
    2. Petrol Prices are for 92RON Singapore Gasoline.
    3. Diesel Prices are for 10PPM Arab Gulf Gasoil.
  8. Worldwide fuel prices

    • hub.tumidata.org
    xlsx
    Updated Jun 4, 2024
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    TUMI (2024). Worldwide fuel prices [Dataset]. https://hub.tumidata.org/dataset/worldwide-fuel-prices
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    xlsx(870681)Available download formats
    Dataset updated
    Jun 4, 2024
    Dataset provided by
    Tumi Inc.http://www.tumi.com/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    This dataset comprises fuel prices from over 250 countries including

    • gasoline
    • diesel
    • super

    The data ranges from 1999 up to 2020

  9. C

    Colombia CO: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
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    CEICdata.com, Colombia CO: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/colombia/transportation/co-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1992 - Dec 1, 2016
    Area covered
    Colombia
    Variables measured
    Vehicle Traffic
    Description

    Colombia CO: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.640 USD in 2016. This records a decrease from the previous number of 1.040 USD for 2014. Colombia CO: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.465 USD from Dec 1992 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.180 USD in 2012 and a record low of 0.190 USD in 1992. Colombia CO: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Colombia – Table CO.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.;German Agency for International Cooperation (GIZ).;Median;

  10. P

    Poland Average Fuel Price: Retail Sales: Diesel: Fuel Consortium

    • ceicdata.com
    Updated Aug 17, 2023
    + more versions
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    CEICdata.com (2023). Poland Average Fuel Price: Retail Sales: Diesel: Fuel Consortium [Dataset]. https://www.ceicdata.com/en/poland/average-fuel-price-retail-sales/average-fuel-price-retail-sales-diesel-fuel-consortium
    Explore at:
    Dataset updated
    Aug 17, 2023
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 13, 2024 - Mar 13, 2025
    Area covered
    Poland
    Description

    Poland Average Fuel Price: Retail Sales: Diesel: Fuel Consortium data was reported at 6.343 PLN/l in 27 Nov 2025. This records an increase from the previous number of 6.291 PLN/l for 13 Nov 2025. Poland Average Fuel Price: Retail Sales: Diesel: Fuel Consortium data is updated daily, averaging 4.640 PLN/l from Feb 2008 (Median) to 27 Nov 2025, with 897 observations. The data reached an all-time high of 8.070 PLN/l in 20 Oct 2022 and a record low of 3.370 PLN/l in 08 Jan 2009. Poland Average Fuel Price: Retail Sales: Diesel: Fuel Consortium data remains active status in CEIC and is reported by BM Reflex Sp. z o.o. sp.j.. The data is categorized under Global Database’s Poland – Table PL.P: Average Fuel Price: Retail Sales.

  11. G

    Gasoline report - international gasoline prices

    • open.canada.ca
    • data.ontario.ca
    csv, html, xlsx
    Updated Oct 22, 2025
    + more versions
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    Government of Ontario (2025). Gasoline report - international gasoline prices [Dataset]. https://open.canada.ca/data/en/dataset/db90f229-be24-468a-bbce-46f710e7af76
    Explore at:
    xlsx, csv, htmlAvailable download formats
    Dataset updated
    Oct 22, 2025
    Dataset provided by
    Government of Ontario
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Description

    This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

  12. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 2, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Dec 2, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Dec 2, 2025
    Area covered
    World
    Description

    Gasoline fell to 1.86 USD/Gal on December 2, 2025, down 0.53% from the previous day. Over the past month, Gasoline's price has fallen 2.79%, and is down 4.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on December of 2025.

  13. G

    Germany DE: Pump Price for Diesel Fuel: USD per Liter

    • ceicdata.com
    Updated Sep 15, 2025
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    CEICdata.com (2025). Germany DE: Pump Price for Diesel Fuel: USD per Liter [Dataset]. https://www.ceicdata.com/en/germany/transportation/de-pump-price-for-diesel-fuel-usd-per-liter
    Explore at:
    Dataset updated
    Sep 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1995 - Dec 1, 2016
    Area covered
    Germany
    Variables measured
    Vehicle Traffic
    Description

    Germany DE: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.200 USD in 2016. This records a decrease from the previous number of 1.580 USD for 2014. Germany DE: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.290 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.880 USD in 2012 and a record low of 0.690 USD in 1998. Germany DE: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.;German Agency for International Cooperation (GIZ).;Median;

  14. Average road fuel prices per week in the UK 2022-2025, by type

    • statista.com
    Updated Jun 1, 2024
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    Statista (2024). Average road fuel prices per week in the UK 2022-2025, by type [Dataset]. https://www.statista.com/statistics/1293135/uk-weekly-average-gas-prices/
    Explore at:
    Dataset updated
    Jun 1, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 31, 2022 - Oct 27, 2025
    Area covered
    United Kingdom
    Description

    On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

  15. w

    Global Fuel Subsidies and Price Control Measures Database

    • datacatalog.worldbank.org
    excel, pdf
    Updated May 28, 2025
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    (2025). Global Fuel Subsidies and Price Control Measures Database [Dataset]. https://datacatalog.worldbank.org/search/dataset/0066833/global-fuel-subsidies-and-price-control-measures-database
    Explore at:
    pdf, excelAvailable download formats
    Dataset updated
    May 28, 2025
    License

    https://datacatalog.worldbank.org/public-licenses?fragment=odblhttps://datacatalog.worldbank.org/public-licenses?fragment=odbl

    Description

    Global Fuel Subsidies and Price Control Measures Database analyzes the fuel pricing regime and types of fuel subsidies implemented across 154 economies since 2021. The qualitative database provides information on (i) each country’s oil sector, including trade status and number of oil refineries in operation as well as total refining capacity; (ii) type of fuel price regulation implemented in the country; (iii) certain domestic fuel market conditions (such as fuel smuggling, shortages); (iv) type of price controls and subsidies on fuels in the country; and (v) whether the country is undergoing or considering reforms.

  16. D

    Diesel Industry Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 23, 2025
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    Market Report Analytics (2025). Diesel Industry Report [Dataset]. https://www.marketreportanalytics.com/reports/diesel-industry-100252
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 23, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The global diesel fuel market is projected to reach $244.26 billion in 2025, growing at a CAGR of 3.50% to 2033. This in-depth analysis explores market drivers, trends, restraints, and key players, providing insights into regional market shares and future growth potential across transportation, industrial, and other sectors. Recent developments include: May 2023: Petrobras, the state oil company of Brazil, gave the green light to a revised fuel pricing policy that will result in significant cost reductions for drivers. As per the newly approved strategy, gasoline, and diesel prices will experience a considerable decline, with a nearly 13% reduction., February 2023: Europe officially confirmed the prohibition on selling new petrol and diesel cars starting in 2035. As the world's second-largest car market, this decision follows the passing of a law by the European Parliament. The law mandated car manufacturers to achieve complete elimination of CO2 emissions from all newly produced vehicles.. Key drivers for this market are: 4., Increasing Demand from Industrial Applications4.; Growing Infrastructure Across the World. Potential restraints include: 4., Increasing Demand from Industrial Applications4.; Growing Infrastructure Across the World. Notable trends are: Transportation Segment is to Expected to Dominate in the Market.

  17. S

    Renewable Diesel Price Per Gallon

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Dec 1, 2025
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    IndexBox Inc. (2025). Renewable Diesel Price Per Gallon [Dataset]. https://www.indexbox.io/search/renewable-diesel-price-per-gallon/
    Explore at:
    xlsx, xls, doc, docx, pdfAvailable download formats
    Dataset updated
    Dec 1, 2025
    Dataset authored and provided by
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Dec 3, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Renewable diesel is a cleaner, more environmentally friendly diesel fuel made from renewable resources like biomass, vegetable oils, and waste oils or fats. Although it currently costs more than petroleum diesel, the price is expected to decline in the future as production capacity increases. Government policies and incentives, like California's Low Carbon Fuel Standard, have helped support the development of the renewable diesel industry.

  18. Global premium gasoline prices 2025, by select country

    • statista.com
    Updated Nov 27, 2025
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    Statista (2025). Global premium gasoline prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266921/automotive-unleaded-premium-prices-by-country/
    Explore at:
    Dataset updated
    Nov 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Aug 4, 2025
    Area covered
    Worldwide
    Description

    Hong Kong had the highest prices for premium gasoline (95-RON) on August 4, 2025. That day, prices averaged 3.58 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.

  19. G

    Gasoline prices by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 15, 2015
    + more versions
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    Globalen LLC (2015). Gasoline prices by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gasoline_prices/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Jan 15, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    World
    Description

    The average for 2016 based on 165 countries was 0.98 dollars. The highest value was in Eritrea: 2 dollars and the lowest value was in Venezuela: 0 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

  20. Average monthly diesel prices in Ireland 2020-2025

    • statista.com
    Updated Jan 15, 2020
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    Statista (2020). Average monthly diesel prices in Ireland 2020-2025 [Dataset]. https://www.statista.com/statistics/857606/average-monthly-diesel-prices-ireland/
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    Dataset updated
    Jan 15, 2020
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2024
    Area covered
    Ireland
    Description

    The average diesel price in Ireland was 139.9 British pence per liter in May 2025. Figures decreased that month as crude oil prices traded lower following concerns over a global recession.

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Statista (2025). Global diesel prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266885/automotive-diesel-prices-by-country/
Organization logo

Global diesel prices 2025, by select country

Explore at:
2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 12, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Aug 4, 2025
Area covered
Worldwide
Description

Hong Kong has some of the highest diesel prices in the world. As of August 4, 2025, drivers in Hong Kong paid an average of 3.49 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

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