10 Countries With Cheapest Petrol Prices

8. Kuwait

Price per litre: 14.90

Cost per month: 1799.94

Oil reserves in Kuwait make up 8 percent of the oil reserves in the world. Kuwait is OPEC's third largest oil producer and claims to hold approximately 104 billion barrels. This includes half of the 5 billion barrels in the Saudi-Kuwaiti neutral zone which Kuwait shares with Saudi Arabia. Most of Kuwait's oil reserves are located in the 70 billion barrels Burgan field, the second largest conventional oil field in the world, which has been producing oil since 1938. Since most of Kuwait's major oil fields are over 60 years old, maintaining production rates is becoming a problem.

7. Turkmenistan

Price per litre: Rs 14.90

Cost per month: Rs 1799.94

Turkmenistan owns oil reserves of roughly 600 million barrels. It is possible, however, that oil reserves are over 2 billion barrels plus 6 billion barrels of undiscovered reserves. Natural gas, crude oil and oil products make up about 80 percent of the country's exports. The country is divided into seven oil and gas regions according to the geological development of the sedimentary complex, the conditions for the accumulation of oil and gas and perspectives for oil and gas reserves: West Turkmen, Central Kara Kum, Beurdeshik-Khiva, Chardzhou, Zaunguz, Murgab, Badkhyz-Karabil.