Gasoline/petrol pump in car gas tank

Gasoline Price Outlook

Prices for gasoline surged over the past month, on the back of brighter demand prospects. On 14 January, reformulated blend stock for oxygenate blending (RBOB) gasoline traded at USD 2.54 per gallon, which was 12.9% higher than on the same day last month. Moreover, the price was up 4.1% on a year-to-date basis and was 55.8% higher than on the same day last year. News that the Omicron variant should have a weaker-than-initially-expected impact on the global economy eased concerns over the reinstatement of tight mobility restrictions, supporting prices for gasoline in turn. Against this backdrop, OPEC+’s decision to stay committed to its prudent output plan, coupled with supply worries caused by domestic turbulence in Kazakhstan, further buoyed prices.

Gasoline Price History Data (USD per Gallon, aop)

2015  2016  2017  2018  2019  
Gasoline 1.94  1.44  1.72  2.04  1.96  

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

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Gasoline Historical Price Chart


Gasoline historical price chart
Note: Reformulated Blendstock for Oxgenate Blending (RBOB) Gasoline, prices in USD per gallon (gal). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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