Which countries have the cheapest gas?

These days, filling up at the pump is relatively cheap, reports Bloomberg.

However, Bloomberg adds, even though “the global slump in oil prices has persisted over the last three months, […] the burden of filling up is felt differently around the world.”

To illustrate this, Bloomberg says it ranked 61 countries to see which has the most affordable gas: the resulting infographic shows gas in Canada and the U.S. is most affordable but that consumers spend a lot of money at the pump, while countries like China, Brazil and India feel more “pain at the pump” but typically people spend less.

Also read:

Is the oil price shock behind us?

OPEC nears accord to limit oil production

Oil: $60 is the new $90

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.