In the oil-rich country of Venezuela, the price of oil has reached the lowest level in the history of the country, petrol began to be sold at Rs 3 16 per liter
Caracas: There is a country in the world where petrol is being sold at Rs 3 per liter. According to the details, the price of oil in the oil-rich country of Venezuela has reached the lowest level in the history of the country and now petrol is being sold at Rs 3.16 per liter. Remember that Venezuela is one of the richest countries in the world, but due to corruption and administrative problems, a large part of the country’s population is forced to live below the poverty line.
Like Pakistan, the people here turn to other countries for employment. But nature has blessed this country with precious wealth like oil. And a large part of the country’s economy is made up of oil revenues.
The American magazine has published a report on petrol prices, according to which the most expensive petrol in the world is in Hong Kong where its price is Rs 384 per liter.
On the other hand, Pakistan’s neighbor Iran ranks second in the list of countries providing the cheapest petrol to its citizens. Petrol is sold here at Rs92.5 per liter. Saudi Arabia, the world’s largest oil producer, ranks 16th on the list with a price of Rs 81.96 per liter of petrol. Russia, the world’s second-largest oil producer, ranks 26th with a price of Rs 102.26 per liter.
In terms of petrol prices, if we talk about Pakistan, Pakistan is at the 30th position in this ranking, ie Pakistan is at the 30th position among the countries that provide cheap petroleum products to its citizens. On the other hand, the United States, the world’s largest economy and superpower, which is also rich in oil, is selling petrol at Rs 123.79 per liter, and the United States is ranked 40th in this ranking.