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International Fuel Prices 2012 / 2013

Data Preview – April 2013

Contact

Armin Wagner

Transport Policy Advisor Transport Policy Advisor GIZ Transport and Mobility

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Summary

Summary

Th GIZ I t ti l F l P i Ob t ff bi i l f f l i ld

• The GIZ International Fuel Prices Observatory offers a biennial survey of fuel prices world-wide, with detailed information on prices of fossil transport fuels (dimensions price level, regulation and transparency). In addition, the necessary linkages to sustainable mobility and climate change are provided.

• As a first snap-shot of the upcoming 2012/13 edition of GIZ International Fuel Prices the data preview presents retail prices of gasoline and diesel in 170 countries, which were gathered in a mid-November 2012 survey.

• The full report GIZ International Fuel Prices 2012/2013 will provide a detailed account of international fuel pricing data. The report will be available in mid-2013.

• Fact sheets with information on fuel price policies and data are available for more than 130 t i htt // di i f /i d h /I t ti l F l P i

countries on: https://energypedia.info/index.php/International_Fuel_Prices

• The GIZ International Fuel Prices Observatory is a long-time effort of GIZ (German International Cooperation) on behalf of the German Federal Ministry for Economic

Cooperation and Development (BMZ) to provide decision-makers with data on fuel prices on Cooperation and Development (BMZ) to provide decision-makers with data on fuel prices on a global scale.

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Our 2012 survey at a glance

Our 2012 survey at a glance

S d t d i id N b 2012

• Survey conducted in mid-November 2012.

• Super gasoline and diesel prices for 170 countries.

• Price data reflects crude oil price (Brent) of USD 110 per barrel (69 US Cents per litre).p ( ) p ( p )

• On the reference day of the survey the crude oil price had increased by 35% compared to

2010. Converted, a price increase of USD 0.18 per litre was registered.

• Between November 2010 and November 2012 the lowest price per barrel Brent crude was

• Between November 2010 and November 2012 the lowest price per barrel Brent crude was

USD 82.34 (22 November 2010). At its highest, the price briefly touched USD 128.00 (13 March 2012)

• There was a slight increase (6%) in the dollar-euro exchange rate between November 2010 g ( ) g (USD 1 = EUR 0.73) and November 2012 (USD 1 = EUR 0.78).

• In the United Statesgasoline prices accounted for 97 US Cents per litre (diesel: 105 US Cents) in mid-November 2012.

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Our 2012 survey at a glance

Our 2012 survey at a glance

High Subsidies (below red benchmark line)

The retail price of Gasoline and Diesel is below the price for crude oil on the world market

Our four country categories to benchmark transport and energy policies:

(below red benchmark line) the world market.

Subsidies (below green benchmark line)

The retail price of Gasoline and Diesel is at least as high as the price for crude oil on the world market and below the price level of the United States.

Taxation Retail price of gasoline and diesel is at least as high as the price of the Taxation

(below grey benchmark line)

Retail price of gasoline and diesel is at least as high as the price of the United States and below the price level of Luxembourg.

High Taxation (grey benchmark line and above)

The retail price of gasoline and diesel is at least as high as the price level of Luxembourg.

Brent Crude Oil Price Trend Exchange Rate USD/barrel US cents/litre USD 1=

Crude oil prices and exchange rates:

mid-November 2004 42.84 27 EUR 0.77 15-17 November 2006 60.21 38 EUR 0.78 17-21 November 2008 48.00 30 EUR 0.79 16-18 November 2010 81.00 51 EUR 0.73 13-15 November 2012 110.00 69 EUR 0 78 13 15 November 2012 110.00 69 EUR 0.78

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Diesel

prices

prices

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Gasoline

prices

prices

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More information

More information

 International Fuel Prices: www giz de/fuelprices

 International Fuel Prices: www.giz.de/fuelprices

 Sustainable Urban Transport including “Sustainable Transport: Sourcebook for Policy-makers in Developing Cities”: www.sutp.org

 GIZ Transport and Mobility: www.giz.de/transport

 Transport and Climate Change: www.transport2020.org

Cover picture: Kriss Szkurlatowski; 12frames.eu

Findings, interpretations, and conclusions expressed in this document are based on information gathered by GIZ and its consultants, partners, and contributors from reliable sources. GIZ does not, however, guarantee the accuracy or completeness of information in this document and cannot be held responsible for any errors omissions or losses which emerge from its use This document contains links to document, and cannot be held responsible for any errors, omissions, or losses which emerge from its use. This document contains links to third-party web sites. The linked sites are not under the control of GIZ and GIZ is not responsible for the contents of any linked site or any link contained in a linked site.

References

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