Fuel dispenser machines with green, orange and blue colors. Gasoline pump filling fuel nozzle

Gasoline Prices

Gasoline prices averaged USD 3.28 per gallon in July. The 11-month high was up 11.0% from July’s price and 5.1% higher year on year. On 31 August, the fuel traded at USD 3.42 per gallon, 7.6% higher month on month.

The spot price rose in line with that of crude, gasoline’s main ingredient. Further adding pressure were seasonal travel demand and further refinery outages. This comes on top of low inventories, which were 5.0% below their five-year seasonal average in the week ending 18 August.

This chart displays Gasoline (US$/gal) from 2021 to 2023.

RBOB Gasoline (prices in US$/gal, aop)

Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022
RBOB Gasoline - - 2.3 2.5 3.1 3.9 3.4 2.8

Free sample report

Price forecasts and historical data for Gasoline.

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