Russian Gas Prices were among world’s 10th cheapest this year.

Gasoline prices in Russia have been named the world’s 10th-cheapest with a cost of $ 0.72 per liter.

According to Bloomberg's report on countries where gasoline is the cheapest in the world, Russian gas prices were the 10th cheapest this year.

Venezuela topped the list with $ 0.01 per liter. Followed by Iran with $ 0.28 and Kuwait with $ 0.25 gasoline became third least affordable in the world.

The cost of a liter of gasoline is even lower than Russia in six other countries such as: Nigeria ($ 0.41), Egypt ($ 0.43), Saudi Arabia ($ 0.54), Malaysia ($ 0.54), Indonesia ($ 0.67) and United Arab Emirates ($ 0.68).

The most expensive pumps were found to be in Hong Kong

One liter of gasoline in Hong Kong cost up $ 2.09. The list of other countries with the most expensive gasoline is Norway ($ 2,02), Netherlands ($ 1,93), Greece ($ 1,91), Italy ($ 1,91), Denmark ($ 1,90), Israel ($ 86), Portugal ($ 1.83), Finland ($ 1.79) and France ($ 1.78).

On July 25, the price of gasoline was predicted to increase by 4.3 percent.