Gasoline Price OutlookGasoline prices pushed higher over the last month on increasing U.S.-Iran tensions and higher driving demand in the United States. On 17 January, reformulated blendstock for oxygenate blending (RBOB) gasoline traded at USD 1.85 per gallon, which was up 10.1% from the same day last month. Furthermore, the price was 6.9% higher on a year-to-date basis and was up 11.5% from the same day last year. Prices drove steadily higher over the last month, as escalating tensions in the Middle East led to fears of oil supply disruptions, feeding through to higher gasoline prices. This coincided with the holiday driving season in the U.S., which provided a short-term boost in demand for gasoline. However, robust inventory levels helped temper the price rise somewhat.
Gasoline Price History Data (USD per Gallon, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Gasoline Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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