Current member OPEC

OPEC has twelve member countries: six in the Middle East, four in Africa, and two in South
America.

Country

Region

Joined
OPEC[30]

Population
(July 2012)[31]

Area (km)[32]

Production
(bbl/day)

2,125,000
(16th)

Algeria

Africa

1969

37,367,226

2,381,740

Angola

Africa

2007

18,056,072

1,246,700

1,948,000
(17th)

Ecuador

2007[A 1]

15,223,680

283,560

485,700 (30th)

Iran

South
America
Middle East

1960[A 2]

78,868,711

1,648,000

4,172,000 (4th)

Iraq

Middle East

1960[A 2]

31,129,225

437,072

3,200,000 (7th)

Kuwait

Middle East

1960[A 2]

2,646,314

17,820

2,494,000
(10th)

Libya

Africa

1962

5,613,380

1,759,540

2,210,000
(15th)

Nigeria

Africa

1971

170,123,740

923,768

2,211,000
(14th)

Qatar

Middle East

1961

1,951,591

11,437

1,213,000 (21st)

Saudi Arabia

Middle East

1960[A 2]

26,534,504

2,149,690

8,800,000 (2nd)

United Arab
Emirates

Middle East

1967

5,314,317

83,600

2,798,000 (8th)

South
America

1960[A 2]

28,047,938

912,050

2,472,000
(11th)

Venezuela

Petrol prices around the world, comparing Indian price

Country

$ per
Ltr
2012

Australia
Bahrain
Bangladesh
Bosnia&Herzegovina
Bhutan
Brazil
Canada
China
Czech Republic
Denmark
Dubai, UAE
Fiji
Finland
France
Germany
Hongkong
Hungary
India
Indonesia
Iran
Ireland
Israel
Italy
Japan
Jordan
Kenya
Kuwait
Malaysia
Mexico
Mongolia
Nepal
Netherland
New Zealand
Nigeria
Norway
Oman
Pakistan

$1.45
$0.27
$1.12
$1.67
--$1.36
$1.43
$1.96
-$0.48
-$2.14
-$2.27
$2.21
$2.14
$1.33
-$0.57
$2.06
$2.11
$2.36
$1.84
$1.42
$1.42
$0.23
$0.62
$0.86
-$1.46
$2.47
$1.81
$0.56
$2.62
$0.31
$1.13

Rs/ ltr

77.80
14.80
62.00
93.00
--73.80
72.10
98.00
-24.40
-119.00
113.30
108.90
110.30
73.00
-30.20
102.80
103.90
118.60
94.30
78.00
78.10
12.70
34.90
46.40
-75.20
138.10
100.20
31.30
130.90
17.20
61.40

$ per
Ltr
2013

Rs/ ltr

$1.37
$0.27
$1.24
$1.64

87.28
17.11
78.72
104.40

$1.22
$1.18
$1.68
$1.80
$2.23
$0.44
$1.45
$2.12
$1.97
$2.15
$2.14
$1.79
$1.17
$0.90
$0.10
$2.07
$2.12
$2.34
$1.54
$1.40
$1.24
$0.30
$0.86
$0.91
$1.40
$1.26
$2.43
$1.79
$1.36
$2.75
$0.38
$1.05

77.87
75.30
106.96
114.66
142.05
27.19
92.42
135.20
125.79
136.91
136.06
113.81
74.45
57.33
7.70
131.78
135.20
148.89
98.41
88.99
78.72
18.83
54.77
58.19
88.99
80.44
148.89
116.38
86.43
175.42
25.52
66.74

$ per
Ltr
2014

Rs/ ltr

$1.42
$0.26
$1.08
$1.67
$0.94
$1.33
$1.26
$1.33
$1.67
$2.35
$0.47
$1.37
$2.20
$2.08
$2.09
$2.22
$1.82
$1.31
$0.94
$0.27
$2.09
$2.23
$2.47
$1.59
$1.44
$1.32
$0.25
$0.59
$1.04
$0.92
$1.38
$2.47
$1.94
$0.58
$2.64
$0.31
$1.09

84.11
15.65
64.09
99.08
55.54
78.88
74.34
78.91
106.24
139.19
27.72
81.19
130.32
123.08
123.89
131.20
107.98
78.20
55.68
16.26
123.89
131.77
146.41
94.10
85.11
78.40
14.75
35.18
61.29
54.23
81.93
146.41
114.62
34.51
156.53
18.43
64.79

%
Deviation
from
India,
2013
8%
-80%
-18%
27%
-29%
1%
-5%
-37%
36%
78%
-65%
4%
67%
57%
58%
68%
38%
-29%
-79%
58%
69%
87%
20%
9%
0%
-81%
-55%
-22%
-31%
5%
87%
47%
-56%
100%
-76%
-17%

Poland
Qatar
Romania
Russia
Saudi Arabia
Singapore
South Africa
Spain
SriLanka
Sweden
Switzerland
Thailand
Turkey
UK
USA

$1.81
$0.27
$1.66
$1.02
$0.12
-$1.48
-$1.25
$2.25
-$1.39
$2.72
$2.12
$1.02

88.10
14.20
91.40
50.20
6.90
-74.60
-61.70
112.40
-71.10
143.80
116.50
55.90

$1.71
$0.24
$1.64
$1.10
$0.20
$1.65
$1.25
$1.89
$1.29
$2.11
$1.88
$1.21
$2.35
$2.08
$0.86

108.67
15.40
104.40
70.17
13.20
110.39
79.58
120.65
82.15
134.35
119.80
77.01
149.75
132.63
54.77

$1.76
$0.27
$1.91
$0.98
$0.16
$1.80
$1.30
$1.94
$1.30
$2.12
$1.97
$1.51
$2.40
$2.18
$0.97

104.46
15.95
113.19
57.83
9.48
106.55
76.94
115.04
77.25
125.39
116.75
89.38
142.23
129.27
57.42

34%
-80%
45%
-26%
-88%
36%
-2%
47%
-1%
60%
49%
14%
82%
65%
-27%

Cheapest prices on petroleum Saudi Arabia rupees 9.48

Highest prices on petroleum Norway rupees 156

Percentage of income spent on petrol: 7.4%; Norway officially has
the most expensive petrol in the world. It also took the crown when
we looked the petrol prices back in August. The reason prices are so
high in the country is the fact that motor fuel is taxed with both a
road use tax and a co2 tax.
However, despite the eye watering cost of
petrol, it is roughly 22p a liter more expensive than in Britain on
average-workers in the countries on the list.

The average worker has a disposable income of 2,681.07 after tax,

meaning that 7.4 per cent of wages are spent on petrol-the lowest
amt out of all of the countries.
TEN MOST EXPENSIVE COUNTRIES FOR UNLEADED
COUNTRY

Norway
Turkey
Netherlands
Italy
Greece
Denmark
Britain
Sweden
Eritrea
Belgium

AVG monthly
disposable
income after
tax

AVG monthly
Petrol
expenditure

2,681.07
572.57
1784
1134.53
688.60
2124.18
1660.52
2197.54
278.71
1935.65

198.06
195.65
178.74
176.32
175.12
172.70
171.49
170.29
170.29
189.08

Percentage of
monthly
income spent
on petrol

7.4%
34.2%
10%
15.5%
25.4%
8.1%
10.3%
7.7%
61.1%
8.7%

Submitted by