Global Fossil Fuel Prices Today

The 3 September 2026 FuelOS snapshot reports global averages of $1.54 per litre for petrol and $1.59 per litre for diesel. The averages use the latest available 89-country GlobalPetrolPrices.com observations, dated 31 August 2026; country cards show each source and as-of date separately. Prices include taxes and levies, so national totals vary with local policy and subsidies.

The all-country table above shows the lowest petrol observations in the current snapshot. Subsidised markets can appear at the bottom of the ranking; compare each country's local price, USD equivalent, source, and as-of date before drawing conclusions.

The all-country table above shows the highest petrol observations in the current snapshot. High-tax and tightly regulated markets often rank highest; each row displays its source and as-of date so operators can distinguish current and carried-forward data.

The 3 September 2026 snapshot reports a global Jet A-1 average of $0.99 per litre ($156.85/barrel), from the IATA Fuel Monitor / S&P Global Platts latest published weekly figure accessed 3 September 2026 and converted using 158.987 litres per barrel. Regional cards use the latest available index or retail observation and show their own source-as-of date; the SAF card is explicitly marked when carried forward.

The main drivers are crude benchmarks, refining and distribution costs, government taxes and subsidies, and local currency exchange rates against the USD. FuelOS keeps the local price and USD conversion together, records the exchange-rate date, and shows the most recent source date available for each surfaced observation.

Biofuels are liquid fuels derived from organic matter - crops, agricultural waste, or algae - rather than ancient fossil deposits. Sustainable Aviation Fuel (SAF), a biofuel for aviation, can reduce lifecycle CO2 emissions by up to 80% compared to conventional jet fuel. However, biofuels currently cost 3 - 5× more than fossil fuels and are constrained by feedstock availability and production capacity.

Aviation's primary decarbonisation pathway is Sustainable Aviation Fuel (SAF) - a drop-in replacement for Jet A-1 that requires no aircraft modification. The ICAO CORSIA scheme mandates carbon-neutral growth from 2020, with SAF blending targets increasing through 2030. Beyond SAF, fleet efficiency improvements (~1 - 2% per year) and carbon removal programmes also contribute to reducing the sector's ~1 billion tonne annual CO2 output.