Gasoline Price OutlookGasoline prices rebounded sharply over the last month as the easing of quarantine measures provided a boost due to recovering travel-related demand. On 15 May, reformulated blendstock for oxygenate blending (RBOB) gasoline traded at USD 1.02 per gallon, which was 168.4% higher than on the same day last month. However, the price was down 41.0% on a year-to-date basis and was 54.7% lower than on the same day last year. Prices rose over the last month as a lifting of lockdown measures and the reopening of businesses helped restore demand for gasoline. Furthermore, OPEC’s mid-April production cut agreement supported U.S. crude prices this month, feeding through into gasoline markets, while decreasing inventory levels also provided a supply-side boost to prices.
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
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.