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Cheapest fuel in GCC.


amitaj

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This comparison is amazing to show how different GCC nations have hugely varying fuel prices. Cheapest being in Saudi and most expensive almost 4 times is in UAE..........! :eek: :eek:

  1. 0.59 AED Saudi Arabia
  2. 0.77 AED Kuwait
  3. 0.95 AED Qatar
  4. 1.00 AED Bahrain
  5. 1.14 AED Oman (Almost half of UAE new price)
  6. 2.14 AED UAE (Ouch.....!)
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I think population also determine the fuel cost in contrast with producing capacity:

Saudi Arabia population = 29.2 million over 10 million barrel per day

UAE Population = 9.5 million over 2.9 million barrel  per day

Next is, let's bring some Mr. economist on board to do some analysis. lol.

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