Over the past few weeks, crude oil prices have increased in multiple economies worldwide. The increase was a Russia-Ukraine war consequence. This consequently affected the prices of other commodities and also bought concerns to consumers at large.

Thus, Real Research launched a survey on the surge in oil prices, and how the surge will affect consumers across the globe. The survey also aims to find out how does war affect oil prices and how much respondents spend on fuel on average. Here are the results.


  • 76.83% say there are surges in oil prices in the country they reside in.
  • 54.99% spend less than $50 for fuel on average per week.
  • 56.34% will switch to public transport if fuel prices continue to increase.

The Majority Are Aware of the Russia-Ukraine Crisis

Figure 1: Respondents’ awareness of the Russia-Ukraine issue

The survey starts by asking if respondents are aware of the Russia-Ukraine crisis. In response, 90.61% are aware, while only 9.39% are not.

Next, the survey asks if respondents feel the Russia-Ukraine issue can have consequences on individual and global economies. All 55.48% say ‘most definitely’ while 20.58% say ‘definitely’. Moreover, 13.99% say ‘may be’ and 9.96% say ‘not at all’.

Moreover, the survey continues to ask if there is an oil price surge in the countries they reside in. In reply, 76.83% say ‘yes’ while 8.32% say ‘no’.

Oil Price Surge Leading To Other Economic Issues

Figure 2: Respondents on consequent economic issues that follow

Next, the survey continues to ask whether the oil prices and war will potentially lead to other economic concerns in the economy. To this, 79.21% say ‘yes’ and 6.83% say ‘no’.

Further on, the survey questions how much respondents spend on fuel on average per week. The responses are — less than $50 (54.99%), between $50-$100 (24.01%), between ‘$100-200 (9.24%), and between $200-$500 (4.64%). Lastly, 7.12% spend $500 on fuel per week.

Accordingly, the survey asks whether respondents feel the economic damage will escalate further. In answer, 86.78% say ‘yes’ and 13.22% say ‘no’.

The Majority Would Switch to Public Transport

Respondents on switching modes of transport
Figure 3: Respondents on switching modes of transport

Next, the survey asks respondents whether they would consider switching to other modes of transport if fuel prices continue to rise. To this, 56.34% say they will switch to public transport. Meanwhile, 16.78% will use an electric car. Lastly, 18.57% will not switch modes of transport and 7.53% will switch to a car with fairly less petrol consumption.

To conclude, the survey asks respondents whether another US recession is in sight after the oil price shock from the Russia-Ukraine war. A majority of 72.81% say ‘yes’ and 9.33% say ‘no’. 


Survey TitleSurvey on Surge in Oil Prices, a Consequence of the Russia-Ukraine Crisis
DurationMarch 17 – March 24, 2022
Number of Participants30,000
DemographicsMales and females, aged 21 to 99
Participating Countries Afghanistan, Algeria, Angola, Argentina, Armenia, Australia, Azerbaijan, Bahrain, Bangladesh, Belarus, Benin, Bolivia, Brazil, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Chile, China, China (Hong Kong) China (Macao), China (Taiwan), Colombia, Costa Rica, Croatia, Czech Republic, Ecuador, Egypt, El Salvador, Ethiopia, Finland, France, Gambia, Georgia, Germany, Ghana, Greece, Greanada, Guatemala, Honduras, Hungary, India, Indonesia, Iraq, Ireland, Israel, Italy, Ivory Coast, Japan, Jordan, Kenya, Kuwait, Kyrgyzstan, Latvia, Lebanon, Libya, Lithuania, Malaysia, Maldives, Maluritania, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar [Burma], Namibia, Nepal, Nicaragua, Nigeria, Oman, Pakistan, Palestine, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Sierra Leone, Singapore, Slovakia, South Africa, South Korea, Spain, Sri Lanka, Tanzania, Thailand, Togo, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Venezuela, Vietnam, Yemen, Zimbabwe.