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Gasoline fell to 1.96 USD/Gal on September 12, 2025, down 0.59% from the previous day. Over the past month, Gasoline's price has fallen 5.74%, but it is still 1.05% higher 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 September 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.
The global fuel energy price index stood at 165.09 index points in July 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. 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.
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Natural gas fell to 3 USD/MMBtu on September 11, 2025, down 0.90% from the previous day. Over the past month, Natural gas's price has risen 6.89%, and is up 27.35% compared to the same time last year, 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 September of 2025.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on September 8, 2025. This compared to a diesel price of *** U.S. dollars per gallon. Prices for gasoline rose that week, while diesel prices decreased. 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.
On September 8, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 133.72 pence per liter. This compared to 141.58 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.
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Crude Oil rose to 62.55 USD/Bbl on September 12, 2025, up 0.41% from the previous day. Over the past month, Crude Oil's price has fallen 0.16%, and is down 8.89% compared to the same time last year, 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 September of 2025.
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Gasoline Prices in Vietnam increased to 0.74 USD/Liter in August from 0.73 USD/Liter in July 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.
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Belgium Fuel Price: Avg: incl VAT: Diesel: Road Transport: XTL data was reported at 2.558 EUR/l in May 2025. This records an increase from the previous number of 2.533 EUR/l for Apr 2025. Belgium Fuel Price: Avg: incl VAT: Diesel: Road Transport: XTL data is updated monthly, averaging 2.443 EUR/l from Jul 2018 (Median) to May 2025, with 83 observations. The data reached an all-time high of 3.876 EUR/l in Jun 2022 and a record low of 1.826 EUR/l in Sep 2018. Belgium Fuel Price: Avg: incl VAT: Diesel: Road Transport: XTL data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.P004: Fuel 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.
The weekly road fuel prices table reports on the cost of unleaded petrol (ULSP) and unleaded diesel (ULSD).
For enquiries concerning this table contact: energyprices.stats@energysecurity.gov.uk.
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New Zealand Average Fuel Price: Petrol data was reported at 2.594 NZD/l in Dec 2024. This records a decrease from the previous number of 2.627 NZD/l for Sep 2024. New Zealand Average Fuel Price: Petrol data is updated quarterly, averaging 0.998 NZD/l from Mar 1974 (Median) to Dec 2024, with 204 observations. The data reached an all-time high of 2.881 NZD/l in Jun 2022 and a record low of 0.121 NZD/l in Mar 1974. New Zealand Average Fuel Price: Petrol data remains active status in CEIC and is reported by Ministry of Business, Innovation and Employment. The data is categorized under Global Database’s New Zealand – Table NZ.P003: Average Fuel Price.
US Gasoline Market Size 2023-2027
The US gasoline market size is forecast to decrease by -258 mn L, at a CAGR of -4.18% between 2022 and 2027.
The Gasoline Market in the US is driven by the increasing number of automobiles and the rise in oil and gas production. These factors contribute to the market's growth, as the demand for gasoline continues to escalate. However, the market faces challenges due to the fluctuation in prices of gasoline. This volatility can significantly impact market dynamics, making it essential for companies to navigate these price swings effectively. The oil industry's production levels, geopolitical tensions, and economic conditions are key factors influencing gasoline prices.
To capitalize on market opportunities and mitigate challenges, companies must adopt strategic initiatives such as price differentiation, supply chain optimization, and innovation in fuel efficiency technologies. By staying agile and responsive to market trends and price fluctuations, market participants can effectively position themselves for long-term success in the Gasoline Market.
What will be the size of the US Gasoline Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2017-2021 and forecasts 2023-2027 - in the full report.
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The gasoline market in the US is influenced by various factors, including the composition of gasoline, energy policy impact, fuel additives chemistry, and fuel demand forecasting. The refining process of crude oil plays a significant role in producing high-quality gasoline that meets consumer preferences and regulatory requirements. Gasoline pricing models are shaped by the cost of crude oil, production process, and fuel market analysis. Fuel blending technology and gasoline quality assurance are crucial in optimizing engine performance and reducing emissions. Innovations in engine performance optimization and emissions reduction technologies continue to shape the gasoline industry. Fuel efficiency optimization and fuel policy analysis are essential in assessing the environmental impact of gasoline use.
The future of gasoline involves research into fuel alternatives, such as renewable fuels, and the development of new testing methods for fuel quality assessment. The use of fuel additives and their chemistry plays a vital role in enhancing fuel performance and reducing emissions. The gasoline industry remains dynamic, with ongoing efforts to improve fuel production processes and respond to changing consumer preferences and regulatory requirements.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD mn L' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.
Type
Regular
Premium
End-user
Transportation
Power generation
Others
Geography
North America
US
By Type Insights
The regular segment is estimated to witness significant growth during the forecast period.
The US gasoline market is a significant sector within the global energy industry, shaped by various factors including consumer behavior, climate change, and technological advancements. Regular gasoline, a hydrocarbon mixture derived from crude oil, is the most commonly used fuel for standard internal combustion engines. It typically contains around 10% ethanol for octane enhancement, with an octane rating of 87 or 88. Higher-performance engines may require higher-octane fuels to prevent engine damage from knocking or pinging. The petroleum industry's refining process produces regular gasoline, which is distributed through an extensive pipeline infrastructure to retailers. Gasoline retailing involves marketing and selling the fuel to consumers, with prices influenced by factors such as crude oil prices, taxes, and regional variations.
Government regulations play a crucial role in the gasoline market, with emissions standards and fuel efficiency requirements driving innovation in fuel technology. Alternative fuels, such as ethanol blends, renewable fuels, and electric vehicles, are gaining popularity due to their environmental benefits and potential to reduce carbon emissions. Fuel efficiency standards, such as Corporate Average Fuel Economy (CAFE) regulations, have led to advancements in engine performance and fuel economy. Fuel additives, including biofuel additives and octane enhancers, are used to improve fuel quality and performance. Geopolitical influences and fuel volatility can impact the gasoline market, with supply chain disruptions and price fluctuations affecting both domestic and international markets.
The energy sector's transition towards sustainable fuels and decarbonization is also shaping the future of the gasoline market. Regular gasoline remains widely available and affordable,
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Poland Average Fuel Price: Retail Sales: Superplus 98: PKN Orlen data was reported at 6.617 PLN/l in 08 May 2025. This records a decrease from the previous number of 6.703 PLN/l for 30 Apr 2025. Poland Average Fuel Price: Retail Sales: Superplus 98: PKN Orlen data is updated daily, averaging 5.380 PLN/l from Feb 2008 (Median) to 08 May 2025, with 833 observations. The data reached an all-time high of 8.509 PLN/l in 23 Jun 2022 and a record low of 0.066 PLN/l in 31 Aug 2017. Poland Average Fuel Price: Retail Sales: Superplus 98: PKN Orlen data remains active status in CEIC and is reported by BM Reflex Sp. z o.o. sp.j.. The data is categorized under Global Database’s Poland – Table PL.P011: Average Fuel Price: Retail Sales.
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Gasoline Prices in India decreased to 1.08 USD/Liter in August from 1.09 USD/Liter in July of 2025. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
View weekly updates and historical trends for US Retail Gas Price. from United States. Source: Energy Information Administration. Track economic data with…
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.
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New Zealand Average Fuel Price: Diesel: Retail data was reported at 1.837 NZD/l in Dec 2024. This records a decrease from the previous number of 1.912 NZD/l for Sep 2024. New Zealand Average Fuel Price: Diesel: Retail data is updated quarterly, averaging 0.690 NZD/l from Mar 1974 (Median) to Dec 2024, with 204 observations. The data reached an all-time high of 2.636 NZD/l in Sep 2022 and a record low of 0.062 NZD/l in Mar 1974. New Zealand Average Fuel Price: Diesel: Retail data remains active status in CEIC and is reported by Ministry of Business, Innovation and Employment. The data is categorized under Global Database’s New Zealand – Table NZ.P003: Average Fuel Price.
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Belgium Fuel Price: Avg: incl VAT: Gasoline: Super 95 E5 data was reported at 1.602 EUR/l in May 2025. This records a decrease from the previous number of 1.635 EUR/l for Apr 2025. Belgium Fuel Price: Avg: incl VAT: Gasoline: Super 95 E5 data is updated monthly, averaging 1.521 EUR/l from Jan 2014 (Median) to May 2025, with 137 observations. The data reached an all-time high of 2.188 EUR/l in Jun 2022 and a record low of 1.211 EUR/l in Apr 2020. Belgium Fuel Price: Avg: incl VAT: Gasoline: Super 95 E5 data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.P004: Fuel Prices.
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Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in August. 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.
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Gasoline fell to 1.96 USD/Gal on September 12, 2025, down 0.59% from the previous day. Over the past month, Gasoline's price has fallen 5.74%, but it is still 1.05% higher 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 September of 2025.