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.

The global fuel energy price index stood at 166.79 index points in May 2025, up from 100 in the base year 2016. Figures increased that month due to greater demand for motor fuels and cooling. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

TTF Gas rose to 35.31 EUR/MWh on July 31, 2025, up 0.84% from the previous day. Over the past month, TTF Gas's price has risen 4.18%, but it is still 4.49% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.

China Settlement Price: Fuel Oil Forward: 180CST: No.1: Y18S: SPEX: First Month data was reported at 3,300.000 RMB/Ton in 17 Apr 2009. This records a decrease from the previous number of 3,306.000 RMB/Ton for 16 Apr 2009. China Settlement Price: Fuel Oil Forward: 180CST: No.1: Y18S: SPEX: First Month data is updated daily, averaging 3,454.500 RMB/Ton from Aug 2006 (Median) to 17 Apr 2009, with 648 observations. The data reached an all-time high of 5,500.000 RMB/Ton in 15 Jul 2008 and a record low of 2,159.000 RMB/Ton in 05 Dec 2008. China Settlement Price: Fuel Oil Forward: 180CST: No.1: Y18S: SPEX: First Month data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under High Frequency Database’s Commodity Prices and Futures – Table CN.ZB: Shanghai Petroleum Exchange: Price: Daily.

UK Gas rose to 86.59 GBp/thm on July 31, 2025, up 0.30% from the previous day. Over the past month, UK Gas's price has risen 9.02%, but it is still 3.95% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on August of 2025.

Dutch TTF gas futures amounted to **** euros per megawatt hour on July 28, 2025 for contracts with delivery in August 2025. Figures decreased compared to the previous week. Dutch TTF is seen as a Europe-wide natural gas price benchmark. Europe more reliant on imports The Groningen gas field is the largest gas field in Europe and the major natural gas source in the Netherlands. In 2014, the first earthquake related to drilling the field occurred, and other seismic activities were also observed. Therefore, the Groningen field has drastically reduced its production output. Since then, natural gas production in the Netherlands has been in a trend of continuous decline. To balance the diminished domestic production, the European market relies on liquefied natural gas imports and pipeline inflow. LNG pricing across European regions The European gas market exhibits regional variations, as evidenced by LNG prices in different parts of the continent. The Southwest Europe LNG price is generally slightly higher than LNG prices in Northwest Europe. The latter reached around ** U.S. dollars per million British thermal units in late July 2025.

Natural gas fell to 3.01 USD/MMBtu on July 31, 2025, down 1.25% from the previous day. Over the past month, Natural gas's price has fallen 11.95%, but it is still 52.78% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

The price of gas in the United Kingdom was *** British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to *** pence in the second quarter of 2025 before gradually falling to just under ** pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's cost of living crisis in 2022, approximately ** percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of **** percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching **** percent, and food prices increasing by **** percent at the height of the crisis. Although prices fell to more expected levels by 2024, an uptick in inflation is forecast for 2025, with prices rising by *** percent in the third quarter of the year. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

China Settlement Price: Fuel Oil Forward: 180CST: No.2: Y18W: SPEX: Third Month data was reported at 2,910.000 RMB/Ton in 07 Mar 2007. This stayed constant from the previous number of 2,910.000 RMB/Ton for 06 Mar 2007. China Settlement Price: Fuel Oil Forward: 180CST: No.2: Y18W: SPEX: Third Month data is updated daily, averaging 3,150.000 RMB/Ton from Aug 2006 (Median) to 07 Mar 2007, with 131 observations. The data reached an all-time high of 3,570.000 RMB/Ton in 29 Sep 2006 and a record low of 2,910.000 RMB/Ton in 07 Mar 2007. China Settlement Price: Fuel Oil Forward: 180CST: No.2: Y18W: SPEX: Third Month data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under High Frequency Database’s Commodity Prices and Futures – Table CN.ZB: Shanghai Petroleum Exchange: Price: Daily.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 95.46 British pence per therm on June 23, 2025, for contracts with delivery in July. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 40.7 billion cubic meters in 2023. This was followed by the power sector, which consumed about 15 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

Fuel dealers have exhibited revenue growth as sales have remained relatively stable and oil and natural gas prices have fluctuated favorably. The pandemic disrupted demand for fuel from commercial and industrial operations as they shuttered or operated at reduced capacity. Oil prices plummeted amid the suspension of most travel and revenue plunged in 2020. Oil consumption from consumers quarantined at home helped stave off more severe losses, but this boon was dampened as most states were getting warmer through the height of stay-at-home ordinances. The Russia-Ukraine war caused oil prices to surge since early in 2022, but revenue has begun to normalize as production catches up. Since 2023, crude oil prices have steadily dipped as supply and demand imbalances improve. Revenue for fuel dealers is expected to climb at a CAGR of 6.7% to $49.3 billion through the end of 2025, including growth of 0.9% in 2025 alone. The magnitude of this growth is amplified by the fact that revenue plummeted in 2020, causing revenue to begin the period below traditional levels. Rising fuel prices raise dealers' purchasing costs. The short-term inflexibility of demand for heating oil and propane allows dealers to pass most of these increases on to downstream customers through price hikes that also lift revenue. Dealers endure external competition from natural gas and electric heating companies, though, so prices are often under pressure to remain low enough to encourage oil-based heating. Fuel dealers can't pass on all their heightened costs and profit compresses when oil prices swell. Moving forward, volatility in oil prices will pressure fuel dealers. Sales of fuel will remain inflexible since all buildings fitted with propane and heating oil systems will continue to rely on dealers, but the industry is fighting to maintain its customer base as more and more buildings are refitted with natural gas heating units. Natural gas extraction has climbed, causing prices to drop after they exploded in 2022. Volatile crude prices will exacerbate this trend since consumers are incentivized to switch heating systems if input prices swell. Revenue is expected to slump at a CAGR of 0.1% to $49.0 billion through the end of 2030.

Forward markets are believed to aggregate information about future spot prices and reduce the cost of producing the commodity. We develop a measure of the extent to which forward and spot prices agree in markets with transaction costs. Using this measure, we show that day-ahead prices better reflect real-time prices at all locations in California's electricity market after the introduction of financial trading. We then present evidence suggesting that operating costs and input fuel use fell after the introduction of financial trading on days when the nonconvexities inherent to the production and transmission of electricity are especially relevant.

In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines and, as such, tend to be used for large commercial vehicles.

China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: First Month data was reported at 3,050.000 RMB/Ton in 07 Mar 2007. This stayed constant from the previous number of 3,050.000 RMB/Ton for 06 Mar 2007. China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: First Month data is updated daily, averaging 3,370.000 RMB/Ton from Aug 2006 (Median) to 07 Mar 2007, with 131 observations. The data reached an all-time high of 3,445.000 RMB/Ton in 30 Nov 2006 and a record low of 3,050.000 RMB/Ton in 07 Mar 2007. China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: First Month data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under High Frequency Database’s Commodity Prices and Futures – Table CN.ZB: Shanghai Petroleum Exchange: Price: Daily.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

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The timing flexibility of investments in oil and gas assets can potentially add value. In this article, we examine the value of waiting in exploration projects and propose a real option–based valuation method using least-squares Monte Carlo simulation. We show that the dynamics of the oil and gas prices have a large impact on the value of the option to wait, especially for projects with long lead times and durations. The uncertainty in the forward price curve is modeled using a two-factor stochastic price process. The article also presents the valuation method in the form of MATLAB functions and routines that can be used as an efficient test and analysis platform using the industry-standard input formats.

The South East Asia aviation fuel market size was valued at USD 17.27 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 35.54 Billion by 2033, exhibiting a CAGR of 7.60% from 2025-2033. The market in the region is primarily driven by rising air travel demand, expanding tourism, surging economic growth, rising infrastructure development, stringent government policies, fluctuating fuel prices, and increasing awareness of environmental regulations.

IMARC Group provides an analysis of the key trends in each segment of the South East Asia aviation fuel market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on fuel, aircraft, and end use.

The Full Truckload (FTL) service market is a substantial segment within the broader logistics industry, characterized by the dedicated transportation of goods in a single truckload. While specific market size figures are unavailable, considering the presence of major players like DSV, C.H. Robinson, and XPO Logistics, and the robust nature of e-commerce and manufacturing, a conservative estimate places the 2025 market size at approximately $500 billion USD. This signifies a considerable market with significant growth potential. Several factors contribute to this market’s dynamism. The ongoing expansion of e-commerce fuels demand for efficient and reliable FTL services, especially for large-volume shipments. Simultaneously, the manufacturing sector's continuous need for just-in-time inventory management and supply chain optimization reinforces the reliance on FTL solutions for timely delivery. Technological advancements, such as improved route optimization software and advanced telematics, further enhance efficiency and transparency within the FTL sector, driving overall market growth. However, the FTL market also faces challenges. Fluctuating fuel prices represent a significant operational cost, impacting profitability. Driver shortages persist across the transportation industry, potentially leading to capacity constraints and increased transportation costs. Moreover, heightened regulatory compliance requirements and increased competition add pressure on margins. To mitigate these challenges, FTL providers are increasingly adopting technological solutions, focusing on optimizing routes, improving fuel efficiency, and leveraging data analytics for enhanced operational management. Furthermore, strategic partnerships and acquisitions are becoming common strategies to expand market reach and consolidate market share. Looking ahead, the FTL market is expected to witness sustained growth, driven by the ongoing expansion of e-commerce, the need for efficient supply chain solutions, and the continued adoption of technological advancements within the sector. A conservative estimate of the Compound Annual Growth Rate (CAGR) for the forecast period (2025-2033) could be around 4-5%, reflecting a steady yet robust market expansion.

France’s Fuel and Related Product wholesalers' performance is largely dictated by global oil prices and demand from downstream markets, including the industrial and travel sectors. Oil prices' volatility creates severe fluctuations in wholesalers’ revenue. These fluctuations, alongside the COVID-19 outbreak, geopolitical tensions and the shift towards more environmentally friendly options, have impacted demand significantly. Revenue is expected to climb at a compound annual rate of 9.2% over the five years through 2025, including a 2.4% hike in 2025 to €108.2 billion. Fuel and related product wholesalers’ performance took a hit during the COVID-19 pandemic as global travel plunged and business activity faltered, tanking demand for fuel and crashing oil prices. Wholesalers endured weak demand from the key manufacturing and industrial sectors, while the drop in tourism numbers led to a steep decline in jet fuel demand from the aviation sector. However, 2021 saw a recovery in oil prices amid production cuts and recovering economic activities. Revenue rose in 2022, driven by increased consumer demand and a surge in oil prices due to Russia's invasion of Ukraine and accompanying sanctions. Despite the ongoing Russia-Ukraine and the Israel-Hamas conflicts, falling oil prices and subdued economic activity amid heightened economic uncertainty have restricted wholesalers’ revenue growth since 2023. Improving downstream market activity amid falling inflation and lower interest rates support revenue in 2025. Revenue is forecast to edge upward at a compound annual rate of 0.6% over the five years through 2030 to €111.3 billion. Looking forward, global oil prices and a shift in investment from oil and gas to renewable sources due to sustainability targets will continue to cause volatility for wholesalers. Greater business activity could help to offset the downward pressure on revenue as fuel demand increases. On the other hand, France's ambitious goal of net-zero emissions by 2050, growing concerns over the environmental impacts of fossil fuels and increasing regulations are spurring a shift toward cleaner options like biofuels and hydrogen. The rise of alternatively fuelled vehicles poses a significant threat to fuel wholesalers. Those who fail to adapt to these changes and diversify their portfolios may find themselves forced out of the market.