Petrol is the lifeblood of the world. It is the grease that drives virtually every industry, if not directly, then indirectly to some extent. So when the petrol price increases, all other prices are sure to follow, given that there is no escaping the overarching costs of goods and personal transportation. Either way, you certainly know about when the price goes up, and your wallet feels the pinch.
But it also happens that the price of petrol can vary drastically, based simply on where you happen to live in the world. This can be influenced by everything from your physical distance to an oil source, to the exchange rate between your country and the country you are buying oil from. So, if you happen to live in one of the 5 following countries, we feel for you, as petrol is akin to liquid gold! [Read more…]