Gasoline Price OutlookGasoline prices recovered notably in recent weeks. On 5 July, reformulated blendstock for oxygenate blending (RBOB) gasoline traded at USD 1.97 per gallon, which was up 6.5% from the same day in June. The price was 26.5% higher on a year-to-date basis but was down 9.7% from the same day last year. Higher demand during the summer driving season and ahead of the Independence Day holiday pushed up prices in early July. Simultaneously, tighter supply supported prices as EIA data revealed gasoline stocks fell to a three-year low in June, and the East Coast suffered refinery disruptions. Regarding oil, heightened tensions between the U.S. and Iran boosted prices for the black gold.
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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