Explore the intricate dynamics influencing benzene pricing, a key industrial chemical, amidst fluctuating global economic and geopolitical factors. Understand how supply-demand balances, crude oil costs, regulatory policies, and pandemic-induced supply chain disruptions impact benzene's market volatility.

After reaching a low of *** U.S. dollars per metric ton in 2020, the global price of benzene increased rapidly over the following two years, before again declining to an average of *** U.S. dollars per metric ton in 2022. Uses of benzene Benzene is one of the most common products in the petrochemical industry, accounting for roughly ** percent of primary petrochemical consumption worldwide. The compound is the simplest aromatic hydrocarbon and it is used widely for the manufacture of organic chemicals with more complex structures. For instance, most of the benzene produced is transformed to ethylbenzene, which is then converted to styrene, and finally, polystyrene. Other important applications include the production of phenol and acetone. Global benzene market The global market volume of benzene amounted to nearly ***** million metric tons in 2022 and it is expected to reach over ** million metric tons by 2023. Regarding the market value of the petrochemical compound, it stood at over ***** billion U.S. dollars in 2022 and is forecast to rise considerably to some ****** billion U.S. dollars. In 2021, South Korea, India, and Thailand were the largest exporters of benzene worldwide.

Gasoline fell to 2.17 USD/Gal on July 31, 2025, down 1.86% from the previous day. Over the past month, Gasoline's price has risen 3.64%, but it is still 10.00% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S. City Average (APU00007471A) from Jan 1978 to Jun 2025 about energy, gas, retail, price, and USA.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 28, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline remained unchanged that week. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

U.S. gasoline prices changed little in June 2025 when compared to the month before. Regular gasoline prices remained at an average of 3.15 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2024, annual prices had decreased again slightly, reaching 2014 levels.

Gasoline prices in the United States have experienced significant fluctuations over the past three decades, with 2024 seeing an average price of 3.3 U.S. dollars per gallon. This marks a notable decrease from the record high of 3.95 U.S. dollars per gallon in 2022, yet remains considerably higher than prices seen in the early 2000s. Despite this, American consumers continue to enjoy relatively low gasoline prices compared to many other countries, with some European countries paying more than double the U.S. average. Drivers in Hawaii and California pay the most at the pump Gasoline prices vary significantly across the United States, with Hawaii and California consistently ranking as the most expensive states for this fuel. As of January 1, 2025, Hawaii's average price for regular gasoline was 4.54 U.S. dollars per gallon, nearly 1.5 dollars above the national average. California's high prices are largely attributed to its steep gasoline taxes, which reached 68.1 U.S. cents per gallon in January 2024. These taxes play a crucial role in shaping retail prices and are typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Patterns in gasoline consumption In a global context, the United States maintains some of the lowest conventional motor fuel prices among high-income countries. This is largely due to its position as the world's largest crude oil producer, allowing it to keep retail prices comparatively low. Despite fluctuations in price, gasoline consumption in the U.S. remains robust, averaging around 8.5 million barrels per day in 2024. Consumption tends to be highest in the summer months and lowest in the winter months due to changing driving behavior.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the West Census Region - Urban (APU040074714) from Jan 1978 to Jun 2025 about energy, gas, retail, price, and USA.

Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in July. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In February 2025, crude oil accounted for a 58 percent share of the retail cost of gasoline in the United States. Crude oil costs are the greatest determining factor for petroleum product prices such as gasoline. This is also reflected in the U.S. diesel price breakdown, with crude oil making up 49 percent of the retail price that same month. U.S. gasoline cost breakdown The end price that consumers pay for gasoline in the U.S. is made up of several different components. The weighting of these different costs in the end price of gasoline is also very dynamic depending on the market. In April 2020, just 25 percent of the cost of one U.S. gallon of gasoline was from the cost of crude oil, as a result of the 2020 oil crisis. Other cost components are those associated with refining, distribution and marketing, and taxes. Residents in California pay the highest gasoline taxes out of all U.S. states, at 68.1 cents per gallon as of January 2024. U.S. gasoline prices Since 1980, U.S. gasoline prices have fluctuated greatly, usually reflecting the volatile nature of crude oil prices. The U.S. has some of the lowest unleaded premium prices in the world. When looking at the real U.S. gasoline price to end users, figures amounted to 1.24 real U.S. dollars per gallon in 2023. This ‘real’ U.S. dollars figure refers to the purchasing power of one U.S. dollar relative to the period of time between 1982 and 1984.

This is a version of the gas prices dataset used in the following paper:Data Polygamy: The Many-Many Relationships among Urban Spatio-Temporal Data Sets, F. Chirigati, H. Doraiswamy, T. Damoulas, and J. Freire. In Proceedings of the 2016 ACM SIGMOD International Conference on Management of Data (SIGMOD), 2016The dataset includes records of the average gasoline price in dollars per gallon for New York, from 2000 to 2014. The original data is available at the U.S. Energy Information Administration website: https://www.eia.gov/petroleum/gasdiesel/xls/pswrgvwall.xls

Gasoline Prices in Vietnam decreased to 0.73 USD/Liter in July from 0.80 USD/Liter in June of 2025. This dataset provides the latest reported value for - Vietnam Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA) was 4.87900 Index in April of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA) reached a record high of 6.34900 in June of 2022 and a record low of 0.64100 in January of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in San Diego-Carlsbad, CA (CBSA) - last updated from the United States Federal Reserve on July of 2025.

Gasoline retail prices weekly average by region dataset provides the weekly average retail gasoline prices for New York State and sixteen New York metropolitan regions in U.S. dollars per gallon. Data is a weekly average from January 2017 through current. Average daily retail gasoline prices are collected from the American Automobile Association (AAA) Daily Fuel Gauge Report. The AAA Daily Fuel Gauge Report prices are averaged to produce a weekly average retail price for New York State and each metropolitan region. The New York State metropolitan regions in the dataset are Albany (Albany-Schenectady-Troy), Batavia, Binghamton, Buffalo (Buffalo-Niagara Falls), Dutchess (Dutchess-Putnam), Elmira, Glens Falls, Ithaca, Kingston, Nassau (Nassau-Suffolk), New York City, Rochester, Syracuse, Utica (Utica-Rome), Watertown (Watertown-Fort Drum), and White Plains. The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on X, Facebook, YouTube, or Instagram.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West South Central Census Division (APU03707471A) from Jan 2018 to Jun 2025 about energy, gas, retail, price, and USA.

Switzerland Pump Price for Gasoline: USD per Liter data was reported at 1.450 USD in 2016. This records a decrease from the previous number of 1.740 USD for 2014. Switzerland Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 1.290 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.880 USD in 2012 and a record low of 0.780 USD in 2000. Switzerland Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

Hong Kong had the highest prices for premium gasoline (95-RON) on May 12, 2025. That day, prices averaged 3.44 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around 2 U.S. dollars per liter.

In 2021, the retail price of benzene fuel in Thailand amounted to **** Thai baht per liter, indicating an increase from the previous year. In that year, the average benzene fuel consumption in the country was over ** million liters per day.

Panama PA: Pump Price for Gasoline: USD per Liter data was reported at 0.740 USD in 2016. This records a decrease from the previous number of 0.960 USD for 2014. Panama PA: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 0.670 USD from Dec 1992 (Median) to 2016, with 11 observations. The data reached an all-time high of 1.050 USD in 2012 and a record low of 0.410 USD in 1998. Panama PA: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

Consumers in Central African Republic paid the highest price for gasoline in Africa as of April 2025. One liter of the fuel cost on average 1.9 U.S. dollars in the country. In Senegal, the retail price for gasoline octane-95 reached on average 1.71 U.S. dollars per liter, the second-highest on the continent. On the other hand, consumers living in traditional crude oil producers in Africa, such as Nigeria, Algeria, Angola, Libya, and Egypt spent less money on gasoline. For instance, one liter cost 0.03 U.S. dollar in Libya, among the cheapest in the world.