Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, 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 March of 2025.

Oil futures gas prices refer to the price of gasoline in the future, as determined by the futures market. Factors such as supply and demand dynamics, geopolitical events, macroeconomic trends, and market sentiment can cause significant fluctuations in oil futures gas prices.

On March 24, 2025, the Brent crude oil price stood at 73.05 U.S. dollars per barrel, compared to 69.11 U.S. dollars for WTI oil and 75.11 U.S. dollars for the OPEC basket. These were slight increases compared to the previous weeks, which had seen some of the lowest prices in four years.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.

In February 2025, one gallon of diesel cost an average of 3.68 U.S. dollars in the United States. That was an increase compared to two months prior, which was the lowest price in the past 24-month period. 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: 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.

Crude Oil decreased 2.12 USD/BBL or 2.95% since the beginning of 2025, 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 March of 2025.

The global fuel energy price index stood at 188.62 index points in January 2025, up from 100 in the base year 2016. Figures increased that month due to a rise in crude oil prices as a result of new sanctions on Russian oil and greater heating fuel demand. 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. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

According to Cognitive Market Research, the global Commercial Aircraft Aviation Fuel market size will be USD XX million in 2023. It will expand at a compound annual growth rate (CAGR) of 15.20% from 2023 to 2030.

The demand for Commercial Aircraft Aviation Fuel is rising due to increasing focus on reducing carbon emissions.
Demand for air turbine fuel remains higher in the Commercial aircraft aviation fuel market.
The passenger aircraft category held the highest Commercial Aircraft Aviation Fuel market revenue share in 2023.
North American Commercial Aircraft Aviation Fuel will continue to lead, whereas the European Commercial Aircraft Aviation Fuel market will experience the most substantial growth until 2030.

Expansion of the Tourism Industry to Provide Viable Market Output

The expansion of tourism is influencing the market's growth. The surge in global tourism has led to a rise in air travel demand, subsequently driving the need for aviation fuel. As more people explore diverse destinations, airlines are compelled to increase their fleets and flights, increasing fuel consumption. Additionally, emerging economies witnessing a boost in tourism further amplify this trend. The expansion of the tourism sector acts as a key driver, stimulating investments and innovations in aviation fuel technology to meet the escalating requirements of the growing commercial airline industry.

For instance, According to the World Tourism Organization, a specialized agency of the United Nations (UN), tourist arrivals in Maldives in January 2021 stood at 92,103. This count rose to 99,397 by 3rd February 2021. The growing count of tourists is creating promising scope for the aviation industry.

Source-www.unwto.org/maldives-tourism-looking-up-after-reopening

Increased Development of Jet-a-fuels to Propel Market Growth

The development of jet-a-fuels has significantly impacted the Commercial aircraft aviation fuel market. Jet-A fuels are undergoing advancements to enhance fuel efficiency, reduce carbon emissions, and comply with stringent environmental regulations. These innovations focus on improving the energy density of fuels, exploring alternative and renewable sources, and optimizing combustion processes. The rise in demand for cleaner and more sustainable aviation fuels, coupled with a global emphasis on reducing the environmental impact of air travel, is compelling the industry to invest in research and development, thereby fostering the evolution of Jet-A fuels for a more eco-friendly aviation future.

For instance, in June 2021, researchers at Washington State University developed a process for turning waste plastics into sustainable jet-A fuel. If the process is refined and applied on a large scale, the procedure is expected to address major environmental problems, including greenhouse gas emissions and plastic pollution.

Source-news.wsu.edu/press-release/2021/05/17/new-technology-converts-waste-plastics-jet-fuel-hour/

Market Dynamics of the Commercial Aircraft Aviation Fuel Market

Fluctuation in Oil Prices to Restrict Market Growth

The fluctuation in oil prices hinders the growth of the market. The industry is highly sensitive to changes in crude oil prices, affecting the overall operational costs for airlines. Frequent spikes in oil prices can lead to increased expenses for fuel, impacting profit margins and necessitating adjustments in ticket prices. Conversely, a decline in oil prices may provide temporary relief but can disrupt long-term planning and investments in fuel-efficient technologies. The unpredictable nature of oil price fluctuations introduces financial uncertainties, making it challenging for airlines to budget effectively and potentially hindering the adoption of sustainable aviation fuel alternatives.

Impact of COVID–19 on the Commercial Aircraft Aviation Fuel market

The COVID-19 pandemic significantly affected the Commercial Aircraft Aviation Fuel market. The unprecedented decline in air travel demand led to reduced flight operations, impacting the aviation fuel sector. Airlines faced financial challenges, resulting in fleet groundings and delayed deliveries of new aircraft. It led to a surplus of aviation fuel, causing a price drop. Governments implemented travel restrictions and lockdowns, further exacerbating the industry's woes. As the world strives for recovery, the aviation fuel market is gradually rebounding, but uncertainties ...

Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, 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 March of 2025.

China Settlement Price: Shanghai Future Exchange: Fuel Oil: 3rd Month data was reported at 3,288.000 RMB/Ton in Feb 2025. This records a decrease from the previous number of 3,474.000 RMB/Ton for Jan 2025. China Settlement Price: Shanghai Future Exchange: Fuel Oil: 3rd Month data is updated monthly, averaging 3,320.000 RMB/Ton from Aug 2004 (Median) to Feb 2025, with 247 observations. The data reached an all-time high of 5,543.000 RMB/Ton in Jan 2012 and a record low of 1,307.000 RMB/Ton in Apr 2020. China Settlement Price: Shanghai Future Exchange: Fuel Oil: 3rd Month data remains active status in CEIC and is reported by Shanghai Futures Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Shanghai Futures Exchange: Commodity Futures: Settlement Price.

The price of jet kerosene in India has reached 1155 USD/MT in the fourth quarter of 2023. The Indian market has been witnessing a fair share of opportunities due to the relaxation of US sanctions on Venezuela, which enables the nation to procure crude oil at better competitive prices, which is highly likely to change the import strategies. Other than this, the production costs of jet kerosene across the region reduced when the supply interruptions caused due to the Israel-Hamas conflict, got better. Moreover, jet kerosene oil prices witnessed a considerable low due to the inflow of economical crude oil from Venezuela. According to numerous reports, various oil marketing companies including Bharat Petroleum Corporation, Indian Oil corporation, and Hindustan Petroleum Corporation are prepared to reduce the fuel prices in the upcoming future.

Jet Kerosene Prices December 2023

Explore IMARC's latest publication, “Jet Kerosene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the jet kerosene market, providing insights into both global and regional trends that are shaping prices.

China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: Second Month data was reported at 3,010.000 RMB/Ton in 07 Mar 2007. This stayed constant from the previous number of 3,010.000 RMB/Ton for 06 Mar 2007. China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: Second Month data is updated daily, averaging 3,400.000 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 31 Oct 2006 and a record low of 3,010.000 RMB/Ton in 07 Mar 2007. China Settlement Price: Fuel Oil Forward: 380CST: L38W: SPEX: Second 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.

According to Cognitive Market Research, the global Low-Sulfur Fuel Oil (LSFO) market will be USD 49514.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 19.50% from 2024 to 2031.

North America was the major Market, accounting for more than 40% of global revenue. With a market size of USD 19805.68 million in 2024, it will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 14854.26 million.
Asia Pacific held a market share of around 23% of global revenue, with a market size of USD 11388.27 million in 2024, and will grow at a compound annual growth rate (CAGR) of 21.5% from 2024 to 2031.
Latin America's Market will have more than 5% of the global revenue with a market size of USD 2475.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.9% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The Market was USD 990.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2031.
The 2000 PPM held the highest Low Sulfur Fuel Oil - LSFO market revenue share in 2024.

Increasing Awareness of Air Quality Issues to Boost Market Growth

The increasing awareness of air quality issues serves as a pivotal driver in the Low Sulfur Fuel Oil (LSFO) market. As global environmental concerns escalate, there is a growing recognition of the adverse impact of traditional high-sulfur fuels on air quality and human health. Governments and regulatory bodies worldwide are implementing stringent emission standards to mitigate pollution, particularly in the maritime sector. This heightened awareness has led to a substantial shift toward cleaner and environmentally friendly alternatives, such as LSFO.

Stakeholders in various industries, including shipping and logistics, are now prioritizing sustainable practices to reduce their carbon footprint. The emphasis on air quality improvement has created a significant market demand for LSFO, as it aligns with the broader objective of reducing sulfur dioxide emissions and other harmful pollutants. Consequently, the LSFO market experiences a surge in adoption, driven by the imperative to address air quality concerns and promote a more sustainable and ecologically responsible approach to energy consumption.

Advancements in Refining Technologies to Boost Market Growth

Advancements in refining technologies play a pivotal role as a driver in the Low Sulfur Fuel Oil (LSFO) market. With the implementation of stringent sulfur emission regulations, refineries have been compelled to innovates their processes for producing cleaner fuels. The development of advanced refining techniques, such as hydrocracking and desulfurization methods, enables the efficient removal of sulfur from fuel oils, yielding low sulfur content in compliance with environmental standards. These technological strides not only enhance the production of LSFO but also contribute to increased fuel efficiency and reduced environmental impact. The continuous evolution of refining technologies empowers the industry to meet and surpass regulatory requirements, ensuring the production of high-quality LSFO. As a result, these advancements not only drive market growth but also foster sustainability by minimizing air pollution and supporting the global transition towards cleaner energy sources in maritime and other industries dependent on fuel oil.

Market Restraints of the Low Sulfur Fuel Oil LSFO market

Uncertainties in Global Crude Oil Prices to Limit Market Growth

Uncertainties in global crude oil prices serve as a significant restraint in the Low Sulfur Fuel Oil (LSFO) market. Fluctuations in crude oil prices impact the overall cost structure of LSFO production, leading to volatility in its market pricing. LSFO, derived from crude oil, is susceptible to variations in geopolitical events, economic conditions, and supply-demand dynamics. Sudden spikes or declines in crude oil prices can pose challenges for LSFO market participants, affecting their profitability and decision-making processes. Additionally, uncertainties surrounding future oil price trends create a challenging environment for long-term investment planning in LSFO production and infrastructure. Market players in the LSFOector must navigate these uncertainties...

This statistic shows the average annual futures contract 1 price for New York Harbor No.2 heating oil between 1990 and 2019. In 2019, the futures contract 1 price for this fuel came to around 1.94 U.S. dollars per gallon.

This data is for the paper "Systemic Risk in Market Microstructure of Crude Oil and Gasoline Futures Prices: A Hawkes Flocking Model Approach".

Diesel prices have rebounded with an increase in ultra-low sulfur diesel futures and retail prices, influenced by geopolitical factors and global market dynamics.

UK Gas decreased 26.27 GBp/Thm or 20.95% since the beginning of 2025, 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 March of 2025.

According to Cognitive Market Research, the global Fuel Ethanol market size will be USD 88515.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 35405.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 26554.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 20358.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 4425.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1770.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Synthetic held the highest Fuel Ethanol market revenue share in 2024.

Market Dynamics of Fuel Ethanol Market

Key Drivers for Fuel Ethanol Market

Renewable Energy Goals to Increase the Demand Globally

Governments globally are championing renewable energy to cut greenhouse gas emissions and tackle climate change. Ethanol, a biofuel made from agricultural crops, supports these objectives by providing a cleaner alternative to fossil fuels. Many countries implement mandates or incentives to boost ethanol use, recognizing its role in reducing carbon footprints and enhancing energy sustainability. These policies aim to foster a shift towards greener energy sources, helping mitigate environmental impact and promote long-term ecological balance. Through such initiatives, ethanol becomes a key player in advancing global renewable energy goals.

Energy Security to Propel Market Growth

Reducing reliance on fossil fuels strengthens energy security by diversifying fuel sources and minimizing dependence on imported oil. Ethanol production plays a crucial role in this strategy by providing a renewable, domestically sourced alternative. By integrating ethanol into the energy mix, countries can decrease their vulnerability to volatile oil markets and geopolitical uncertainties. This shift not only promotes stability in energy supply but also supports local economies through agricultural and industrial investments. Enhanced energy security through ethanol contributes to a more resilient and self-sufficient energy infrastructure, ensuring a stable and sustainable energy future.

Restraint Factor for the Fuel Ethanol Market

Food vs. Fuel Debate to Limit the Sales

The food versus fuel debate centers on concerns that dedicating agricultural land to ethanol production may impact food security and drive up food prices. As land and crops are diverted from food production to biofuel use, it raises fears of reduced food supply and higher costs for consumers. This tension can constrain the growth of ethanol production, as policymakers balance the benefits of renewable energy against potential negative effects on food availability. Addressing these concerns requires innovative solutions to optimize land use and enhance crop yields, ensuring that both energy and food needs are met sustainably.

Impact of Covid-19 on the Fuel Ethanol Market

The COVID-19 pandemic significantly impacted the fuel ethanol market, causing a sharp decline in demand due to reduced transportation activity and economic slowdowns. Lockdowns and travel restrictions led to lower gasoline consumption, which in turn reduced the need for ethanol blending. Additionally, disruptions in supply chains and decreased agricultural output affected production levels. The market faced financial strain from lower ethanol prices and reduced profitability. However, as economies began to recover and transportation demand increased, the market started to rebound, with renewed emphasis on renewable energy and policy support aiding in its recovery and growth. Introduction of the Fuel Ethanol Market

The fuel ethanol market involves the production and distribution of ethanol, a biofuel derived from crops like corn and sugarcane, used to blend with gasoline. This market aims to reduce greenhouse gas emissi...

These data were searched and compiled by the project manager of the Bois energy project in circuit-short circuit of the Natural Park Viroin Hermeton, Tom Baudoux. This project aims to set up a local production chain of wood platelets from sub-forestry products or bocagers that feed existing or future plated boilers of public buildings. This project is supported by the Essaimage territorial dynamic and the Chimay Wartoise Foundation. You can find the price for a moment T and the average price calculated over 10 years. These data are published as part of a Hackathon in order to develop a prototype webpage to evaluate the CO2 and euro gain of such a project in the territory.

The global natural gas market is experiencing robust growth, driven by increasing energy demand, particularly in developing economies, and the transition towards cleaner energy sources compared to coal. While precise figures for market size and CAGR were not provided, a reasonable estimation, based on industry reports and observed trends, suggests a 2025 market size of approximately $500 billion USD. Assuming a conservative Compound Annual Growth Rate (CAGR) of 3%, projected growth indicates a market value exceeding $650 billion by 2033. Key drivers include rising industrialization, expanding power generation sectors relying on natural gas, and growing adoption in transportation fuels (e.g., compressed natural gas vehicles). Significant trends involve the increased utilization of liquefied natural gas (LNG) for international trade, the development of innovative technologies for enhanced gas recovery and methane emission reduction, and the integration of natural gas into smart grids for enhanced energy management. However, restraining factors include price volatility due to geopolitical events and supply chain disruptions, as well as environmental concerns related to methane leakage and greenhouse gas emissions. The market is segmented by type (methane, ethane, propane, others) and application (power generation, industrial fuel, household fuel, automotive fuel, chemical industry), with regional variations reflecting different levels of industrialization and energy policies. North America, Europe, and Asia-Pacific are expected to dominate the market, accounting for a significant portion of the global consumption and production. The competitive landscape is populated by a mix of international and national companies spanning the value chain – from exploration and production to processing, transportation, and distribution. Companies like BG Group plc, Apache Corporation, Cheniere Energy, and others are actively involved in expanding production capacity, investing in infrastructure projects, and securing long-term supply contracts. Strategic partnerships and mergers & acquisitions are anticipated to shape the industry further, leading to increased consolidation and efficiency. Growth opportunities lie in leveraging innovative technologies to optimize gas extraction, reduce environmental footprint, and meet the rising global demand while navigating the challenges of geopolitical instability and fluctuating energy prices. This in-depth report provides a comprehensive analysis of the global natural gas market, encompassing production, consumption, pricing, and future growth projections. We delve into key segments, regional variations, and influential market players, offering invaluable insights for stakeholders across the natural gas value chain. Keywords: Natural Gas Market, Natural Gas Production, LNG, CNG, Natural Gas Prices, Methane, Ethane, Propane, Power Generation, Industrial Fuel, Global Energy Market.