Gasoline fell to 2.12 USD/Gal on July 4, 2025, down 0.15% from the previous day. Over the past month, Gasoline's price has risen 2.78%, but it is still 17.78% 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.

The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

It has long been suspected, given the salience of gasoline prices, that fluctuations in gasoline prices shift households' 1-year inflation expectations. Assessing this view empirically requires the use of dynamic structural models to quantify the cumulative effect of gasoline price shocks on household inflation expectations at each point in time. We find that, on average, gasoline price shocks account for 42% of the variation in these expectations. The cumulative increase in household inflation expectations from early 2009 to early 2013, in particular, is almost entirely explained by unexpectedly rising gasoline prices. However, there is no support for the view that the improved fit of the Phillips curve augmented by household inflation expectations during 2009 2013 is mainly explained by rising gasoline prices.

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

Crude Oil fell to 66.46 USD/Bbl on July 4, 2025, down 0.56% from the previous day. Over the past month, Crude Oil's price has risen 4.87%, but it is still 20.09% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on July of 2025.

Prices of petroleum products and crude oil. Weekly, monthly, and annual data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-06-30 about gas, commodities, and USA.

This dataset provides monthly, quarterly and annual average crude oil cost, Ontario gasoline tax, federal excise tax, HST, wholesale margin and retail margin based on Toronto pump price of regular unleaded gasoline. To view charts and current fuel price data you can also visit the motor fuel prices page. *[HST]: Harmonized Sales Tax

Between 2002 and 2023, prices of OPEC Reference Basket oils fluctuated dramatically. For example, Saharan Blend from Algeria stood at some 25 U.S. dollars per barrel in 2002. Ten years later, this figure had increased to more than 111 U.S. dollars. In 2023, it stood at 83.64 U.S. dollars. Oil prices: a rollercoaster ride Oil prices are inherently volatile due to the speculative nature of their price determination. Thus, sudden economic and geopolitical events may have big influences on pricing. For example, some of the major factors behind price fluctuation since the 2000s have been the global financial crisis in 2008, the 2020 coronavirus pandemic, and the energy supply crisis and subsequent Russia-Ukraine war in 2022. As a result, the OPEC crude oil price have oscillated between lows of 40 U.S. dollars and highs of 110 U.S. dollars. Shale oil overproduction leads to 2010 oil glut The 2010s price crash was caused in part by ever-growing production of domestic shale and tight oil in the United States. Though nearly 80 percent of global oil reserves can be found in OPEC countries, the United States has become the largest producer of oil worldwide in the last ten years.

Provides annual, quarterly, and monthly prices back to 1976 for gasoline , heating oil, and diesel fuel. Also provides annual prices from 1968 and quarterly and monthly prices from 1974 for imported crude oil. Based on Form EIA-878 data.

Provides annual, quarterly, and monthly prices back to 1976 for gasoline , heating oil, and diesel fuel. Also provides annual prices from 1968 and quarterly and monthly prices from 1974 for imported crude oil. Based on Form EIA-878 data.

Gasoline Prices in France increased to 2.08 USD/Liter in June from 1.98 USD/Liter in May of 2025. This dataset provides the latest reported value for - France Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

On June 30, 2025, the Brent crude oil price stood at 66.64 U.S. dollars per barrel, compared to 65.11 U.S. dollars for WTI oil and 68.35 U.S. dollars for the OPEC basket. OPEC prices fell that week as concerns over supply constraints related to the Israel-Iran conflict eased.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (whereby a contract is agreed upon, while the product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

Weekly, monthly, and annual data on crude oil, gasoline, diesel, propane, jet fuel, ethanol, and other liquid fuels. Domestic and international data on petroleum prices, crude reserves and production, refining and processing, imports/exports, stocks, and consumption/sales.

Abstract of associated article: We reinvestigate the “rockets and feathers” effect between retail gasoline and crude oil prices in a new framework of fractional integration, long-term memory and borderline (non)stationarity. The most frequently used error-correction model is examined in detail and we find that the prices return to their equilibrium value much more slowly than would be typical for the error-correction model. Such dynamics is usually referred to as “the Joseph effect”. The standard procedure is shown to be troublesome and we introduce two new tests to investigate possible asymmetry in the price adjustment to equilibrium under these complicated time series characteristics. On the dataset of seven national gasoline prices, we find no statistically significant asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric adjustment analysis.

Oil prices trend

The data contains oil prices from 1998 from 8 countries.

Content

The data is self explanatory. The price is described in USD for the crude oil data and in local currencies for the fuel products.

Acknowledgements

The data is available from IEA website

High Frequency Indicator: The dataset contains year- and month-wise historically compiled data from the year 2000-01 to till date on International Free On Board (FOB) price of crude oil (indian basket)

Notes: 1. The FOB (Free On Board) price is the price of goods at the frontier of the exporting country or price of a service provided to a non-resident. It includes the values of the goods or services at the basic price, the transport and distribution services up to the frontier, the taxes minus the subsidies 2. The composition of Indian Basket of Crude oil represents Average of Oman & Dubai for sour grades and Brent (Dated) for sweet grade. The ratio of crude oil for this purpose is taken based on actual sour and sweet grade crude oil processed in the country in the previous financial year
3. Crude oil with high amount of sulphur is termed as sour and with less sulphur is called the sweet grade

This data set is used in the Master's thesis: "A Comparison of Price Fluctuations Between Brent Crude Oil and Retail Fuel Prices in Stavanger - An Algorithmic Model for Refueling" by Ola Nes (2021) The data set contains the fuel prices collected (Excel and CSV files), and the Python code which contains all functions used in the thesis. Abstract for thesis: "This thesis investigates and compares the volatility in the retail fuel market in Stavanger and Brent crude oil. Gasoline and diesel prices have been collected from gas stations in Stavanger in 2020 and 2021, and are used for the thesis’ main goal of developing an algorithmic mathematical model for refueling vehicles at optimal times for consumers that could be used in practice. The collected data suggests that there is higher volatility in the retail fuel market in Stavanger compared to the Brent crude oil market. Gas stations follow a characteristic Edgeworth cycle pattern that have price spikes occur when restarting their price cycles. These occur for the most part at the same time across all gas stations monitored in Stavanger. This pattern can be difficult for consumers to predict. Therefore, a practical refueling algorithm could be useful. There are many factors that go in to such a model to make it efficient such as price spike analysis from the Edgeworth cycle pattern found in retail fuel markets and estimating volatility using GARCH(1,1) method."