Petrol and diesel prices have risen worldwide. Fuel prices have risen in many countries, including Myanmar, Pakistan, and Sri Lanka. Petrol and diesel prices have also risen in India. Let's explore this topic.
Fuel prices skyrocket from Myanmar to Pakistan
Global Fuel Hike: Petrol and diesel prices are rising worldwide, and the impact is clearly visible in many countries, including India. Fuel prices have become significantly more expensive in countries like Myanmar, Pakistan, the United States, Sri Lanka, and Nepal.
Petrol and diesel prices have also risen in India. Rising global oil prices and supply constraints are increasing spending pressure on ordinary people in many countries. Let's find out how much the prices have increased in which countries.
How much did the prices of petrol and diesel increase in neighbouring countries?
Petrol and diesel prices have seen significant increases in India's neighboring countries. In Pakistan, petrol prices have risen by 54.9% and diesel by 44.9%. In Sri Lanka, petrol prices have risen by 38.2% and diesel by 41.8%. In Nepal, petrol prices have risen by 38.2% and diesel by 58.5%.
In China, petrol prices have risen by 21.7% and diesel by 23.7%. In Bangladesh, petrol prices have risen by 16.7% and diesel by 15.0%.
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Increase in petrol and diesel prices in different countries
- Myanmar — petrol 89.7%, diesel 112.7%
- Malaysia — petrol 56.3%, diesel 71.2%
- Pakistan — petrol 54.9%, diesel 44.9%
- United Arab Emirates — petrol 52.4%, diesel 86.1%
- America — Petrol 44.5%, Diesel 48.1%
- Philippines — petrol 40.6%, diesel 53.8%
- Sri Lanka — petrol 38.2%, diesel 41.8%
- Nepal — petrol 38.2%, diesel 58.5%
- South Africa — petrol 33.1%, diesel 63.6%
- Canada — petrol 31.9%, diesel 32.8%
- New Zealand — petrol 30.7%, diesel 88.6%
- Thailand — petrol 29.7%, diesel 32.4%
- Belgium — petrol 25.3%, diesel 30.9%
- Vietnam — petrol 23.8%, diesel 50.6%
- China — petrol 21.7%, diesel 23.7%
- France — petrol 20.9%, diesel 31.0%
- United Kingdom — petrol 19.2%, diesel 34.2%
- South Korea — petrol 19.0%, diesel 26.2%
- Australia — petrol 18.5%, diesel 43.1%
- Bangladesh — petrol 16.7%, diesel 15.0%
- Italy — petrol 15.4%, diesel 19.8%
- Germany — petrol 13.7%, diesel 19.8%
- Singapore — petrol 12.7%, diesel 64.7%
- Japan — petrol 9.7%, diesel 11.2%
- India — Petrol 3.2%, Diesel 3.4%
Myanmar has the highest price increase, followed by Pakistan at number three.
Myanmar leads the way in petrol and diesel price increases, with petrol prices rising by 89.7% and diesel by 112.7%. Pakistan ranks third, with petrol prices rising by 54.9% and diesel by 44.9%. These countries are bearing the brunt of rising global oil prices and the supply crisis.
India's position in the list
In India, petrol prices have risen by 3.2% and diesel by 3.4%. Expectations of a rise in oil prices have been mounting since the Middle East tensions began. However, the government has attempted to keep prices stable. The decision to revise prices was prompted by the ever-increasing losses of oil companies.
