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On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022 This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
The stated goal of the organisation is to represent the interests of the petroleum refining and marketing industry in South Africa. The organisation's aim is to ensure that all interested parties clearly understand the contribution that this industry makes to the economic and social development of South Africa.
Map of countries with proven oil reserves - according to US EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
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This freely available data will enable tech companies to develop new price comparison tools, the Government said. Fuel retailers to be forced to share price change data within 30 minutes Skip to ...
[citation needed] The wholesale price of gasoline is determined according to area by oil companies which supply the gasoline, and their prices are largely determined by the world markets for oil. Individual stations are unlikely to sell gasoline at a loss, and the profit margin—typically between 7 and 11 cents a US gallon (2–3 cents per ...
The 2007 fuel tax was €0.684 per litre (€2.59/US gal; €3.11/imp gal). On top of that is 21% VAT over the entire fuel price, making the Dutch taxes one of the highest in the world. In total, taxes account for 68.84% of the total price of petrol and 56.55% of the total price of diesel. [20]