Petrol prices were slashed by 30% from today in Saudi Arabia.
The cost 1 ltr of petrol was reduced from 0.26CAD to 0.17
Can anyone beat it?

Yes, ONLY " Venezuela " Can beat it.

A recent study by CNN, concluded the cheapest Gas prices on earth is in Venezuela ( heavily subsidized), where the consumers are paying a
$0.14 ( 14 cents) per gallon.

here is a link to prices in other cities worldwide

http://money.cnn.com/pf/features/lists/global_gasprices/price.html

http://money.cnn.com/pf/features/lists/global_gasprices/