Gasoline and Diesel Pricing Reforms in BRIC Countries – A Comparison of Policy and Outcomes

Working paper

Recent changes in international oil prices have highlighted the issue of petroleum product pricing reforms in a number of non-OECD economies, particularly as the non-OECD now accounts for the bulk of the global growth in consumption of petroleum products. In 2014, oil demand from the non-OECD is predicted to overtake OECD oil demand for the very first time. Of this, four economies – Brazil, Russia, India, and China, the ‘BRIC’ countries – will account for 45 per cent of non-OECD oil demand. T...

Expand abstract

Authors: Fattouh, B; de Oliveira, C; Sen, A

• Publication status: Published
• Peer review status: Reviewed (other)
• Publisher: Oxford Institute for Energy Studies
• Series: OIES paper
• Publication date: 2015-01-01
• Edition: Publisher's version
• Paper number: WPM 57
• Language: English
• Keywords: Taxes; China; price reform; India; Russia; Gasoline; Brazil; Subsidies; Oil; Diesel; WPM 57; WPM57; OIES