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.

The average price of metallurgical coal for all users in the United States stood at 5.23 U.S. dollars per million British thermal units, and is expected to decrease to nearly 5.03 U.S. dollars per million British thermal unit of energy generated.

The price of gas in the United Kingdom was 106 British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to 131 pence in the second quarter of 2025 before gradually falling to just under 80 pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's recent cost of living crisis in 2022, approximately 91 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 11.1 percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching 26.6 percent, and food prices increasing by 18.2 percent at the height of the crisis. 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.

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.

United States EIA Forecast: Natural Gas Price: Retail: Commercial Sector data was reported at 7.865 USD/1000 Cub ft in Dec 2019. This records a decrease from the previous number of 7.929 USD/1000 Cub ft for Nov 2019. United States EIA Forecast: Natural Gas Price: Retail: Commercial Sector data is updated monthly, averaging 8.022 USD/1000 Cub ft from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 8.726 USD/1000 Cub ft in Aug 2017 and a record low of 6.991 USD/1000 Cub ft in Apr 2016. United States EIA Forecast: Natural Gas Price: Retail: Commercial Sector data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

The annual average Henry Hub price declined to 2.2 U.S. dollars per million British thermal unit in 2024. According to a forecast released in February 2025, Henry Hub natural gas prices will more than double by 2026 amid greater demand forecast.

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.

In the fourth quarter of 2023, the price of liquefied natural gas in India reached 589 USD/MT by December. Similarly, in Germany, the liquefied natural gas prices hit 654 USD/MT during the same month in 2023.

The fuel oil prices in the USA reached 1047 USD/MT in December 2023. In December 2023, the priced of fuel oil in China settled at 758 USD/MT. In Germany, the fuel oil price reached 1237 USD/MT by the end of December 2023.

The Paraguayan wood fuel market amounted to $1.9B in 2024, standing approx. at the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Wood fuel consumption peaked at $1.9B in 2022; afterwards, it flattened through to 2024.

The Singaporean wood fuel market was estimated at $2.7M in 2024, surging by 3.2% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $2.8M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The Jet Fuel Market is Segmented by Fuel Type (Jet A, Jet A1, and Jet B), Application (Commercial, Defense, and General Aviation), and Geography (North America, South America, Europe, Middle-East and Africa, and Asia-Pacific). The report offers the market size and forecasts for jet fuel in revenue (USD) for all the above segments.

Retail price of diesel fuel for private cars in the United Kingdom are estimated to continuously increase from 119.4 to 144.2 British pence per liter, respectively between 2020 and 2035.

Gasoline Prices in the United States increased to 0.82 USD/Liter in February from 0.81 USD/Liter in January of 2025. 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 As A Fuel Market Size 2025-2029

The gasoline as a fuel market size is forecast to increase by USD 131.6 billion, at a CAGR of 1.4% between 2024 and 2029.

The market is experiencing significant growth due to the increasing number of automobiles, including light-duty trucks, on the road. Additionally, the use of gasoline in portable generators for various applications further boosts market demand. However, volatility in global crude oil prices poses a challenge to market growth. In the upstream oil and gas sector, data management and analytics play a crucial role in optimizing production and logistics. Visualization tools are essential for understanding complex data and making informed decisions. Furthermore, the transportation sector's focus on fuel efficiency continues to drive innovation in automotive purge valves and other automotive technologies to reduce fuel consumption. Despite these trends, market growth may be impacted by external factors, such as geopolitical instability and supply chain disruptions. Overall, the market is expected to continue its growth trajectory, with key factors including increasing demand, technological advancements, and the ongoing optimization of supply chain logistics.

What will be the Size of the Gasoline As A Fuel Market During the Forecast Period?

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The market encompasses the production, distribution, and consumption of gasoline as a primary transportation fuel. With the widespread adoption of automobiles, passenger cars, and motorcycles, gasoline remains a significant contributor to the global transportation energy requirements. However, the market faces increasing competition from alternative energy sources, such as electric vehicles and clean energy solutions. Gasoline availability remains a critical factor in the market's dynamics, with demand influenced by factors like carbon emissions regulations, consumer preferences, and the price of gasoline and related taxes. Secondary fuels, including ethanol, are increasingly used as additives to enhance fuel efficiency and reduce carbon emissions. The oil market significantly influences the gasoline fuel market due to the close relationship between crude oil and gasoline production.
The rise in automobile production and the increasing popularity of high-speed cars, motorcycles, and other internal combustion engine (ICE) vehicles continue to drive demand for gasoline. However, the market faces challenges from the growing adoption of clean energy sources, such as natural energy, solar, and wind power. Additionally, the increasing popularity of electric vehicles, diesel fuel, aviation fuel, and other alternative fuels for transportation, such as propeller airplanes and marine vessels, may further impact the market's size and direction. Gasoline prices and taxes also influence market dynamics, with fluctuations in these factors affecting consumer behavior and demand. The market's future direction will depend on various factors, including technological advancements, regulatory policies, and consumer preferences.

How is this Gasoline As A Fuel Industry segmented and which is the largest segment?

The gasoline as a fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Passenger vehicles
  Commercial vehicles
  Small engines
  Marine engines


Distribution Channel

  Fuel stations
  Direct supply to fleets
  Online fuel delivery services


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Application Insights

The passenger vehicles segment is estimated to witness significant growth during the forecast period.

The market is primarily driven by the extensive utilization and widespread adoption of passenger vehicles, which rely on gasoline as their primary fuel source. This segment includes sedans, hatchbacks, SUVs, and crossovers, all of which benefit from the availability of gasoline infrastructure and consumer preferences. The segment's prominence is further bolstered by technological advancements in internal combustion engines, enhancing performance and efficiency. Gasoline's established supply chain and distribution networks ensure consistent availability, supporting the sustained operation of passenger vehicles. Moreover, the market encompasses other sectors such as motorcycles, construction, and transportation, where gasoline serves as a primary or secondary fuel.

Alternative energy sources, including electric vehicles and clean energy, are gaining traction, but gasoline's versatility and accessibility make it a significant contributor to the energy requirements of p

The South Asian wood fuel market fell to $20.5B in 2024, reducing by -1.7% against the previous year. Over the period under review, consumption recorded a noticeable curtailment. Over the period under review, the market attained the peak level at $28.9B in 2012; however, from 2013 to 2024, consumption remained at a lower figure.

The Costa Rican wood fuel market reached $471M in 2024, remaining constant against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $521M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

United States EIA Forecast: Refiner Price: End Users: No. 6 Residual Fuel Oil data was reported at 153.877 0.01 USD/gal in Dec 2019. This records an increase from the previous number of 153.148 0.01 USD/gal for Nov 2019. United States EIA Forecast: Refiner Price: End Users: No. 6 Residual Fuel Oil data is updated monthly, averaging 141.266 0.01 USD/gal from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 168.918 0.01 USD/gal in Aug 2018 and a record low of 78.172 0.01 USD/gal in Mar 2016. United States EIA Forecast: Refiner Price: End Users: No. 6 Residual Fuel Oil data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

Chile Fuel Prices: Concepcion: Diesel Oil data was reported at 595.000 USD/l in May 2019. This records an increase from the previous number of 587.000 USD/l for Apr 2019. Chile Fuel Prices: Concepcion: Diesel Oil data is updated monthly, averaging 525.000 USD/l from Mar 2015 (Median) to May 2019, with 51 observations. The data reached an all-time high of 673.000 USD/l in Dec 2018 and a record low of 397.000 USD/l in Apr 2016. Chile Fuel Prices: Concepcion: Diesel Oil data remains active status in CEIC and is reported by National Commission of Energy. The data is categorized under Global Database’s Chile – Table CL.P007: Liquid Fuel Domestic Price: by City.

The ECOWAS wood fuel market reduced slightly to $16.6B in 2024, remaining stable against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $17.7B. From 2017 to 2024, the growth of the market failed to regain momentum.