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Gasoline Prices

Gasoline prices averaged USD 3.74 per gallon in July. This 15-month high was 14.2% higher than August’s price and down 3.4% year on year. On 29 September, the fuel traded at USD 3.93 per gallon, up 15.3% month on month.

The spot price rose in line with that of crude, gasoline’s main ingredient. A spike in diesel prices due to seasonal consumption by farmers for harvesting and by consumers for heating added further momentum. More bearishly, inventories moved to 1.0% less than their five-year seasonal average in the week ending 29 September, compared to 5.0% below in mid-August.

This chart displays Gasoline (US$/gal) from 2022 to 2024.

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 - - - - - 3.68 2.89 2.48

Free sample report

Price forecasts and historical data for Gasoline.

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