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.

Gasoline rose to 2.10 USD/Gal on August 20, 2025, up 0.20% from the previous day. Over the past month, Gasoline's price has fallen 1.48%, and is down 4.59% compared to the same time last year, 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 August of 2025.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on August 18, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline remained unchanged 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.

According to a 2023 survey, ** percent of drivers in Turkey noticed an increase in the price of gasoline and diesel used to fuel their cars. Of these respondents, ** percent reported noticing a large increase. By comparison, more than half of all respondents from China reported a large price increase for such motor fuels.

Natural gas fell to 2.75 USD/MMBtu on August 20, 2025, down 0.65% from the previous day. Over the past month, Natural gas's price has fallen 17.35%, but it is still 26.23% 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 August of 2025.

The cost of diesel fuel in the United States reached an annual average of 3.76 U.S. dollars per gallon in 2024. This was a decrease compared to the previous year, when diesel sold for an average of 4.21 U.S. dollars per gallon. In 2022, increased economic activity and thus fuel demand combined with supply constraints following the Russia-Ukraine war, which resulted in a notable rise in monthly diesel prices Crude oil prices and their impact on motor fuel prices Motor fuel prices largely mirror major oil benchmarks, such as the OPEC reference basket, WTI, and Brent. As such, the oil glut in 2015 and 2016, which followed years of increased oil production output by the U.S., is largely responsible for the fall in diesel prices seen in those years. The same is true for the 2020 pandemic-induced oil crisis and fall in benchmarks that year. Diesel and gasoline price development The usage of diesel began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly used commercially. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel fuel 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 are often used for large commercial vehicles.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-08-11 about gas, commodities, and USA.

UK Gas rose to 77.10 GBp/thm on August 20, 2025, up 0.37% from the previous day. Over the past month, UK Gas's price has fallen 3.18%, and is down 13.63% compared to the same time last year, 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.

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.

Gasoline Prices in India decreased to 1.09 USD/Liter in July from 1.11 USD/Liter in June 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.

Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in July. 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.

TTF Gas rose to 31.38 EUR/MWh on August 20, 2025, up 0.50% from the previous day. Over the past month, TTF Gas's price has fallen 5.35%, and is down 15.69% compared to the same time last year, 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 August of 2025.

As of January 2025, the Consumer Price Index (CPI) for fuel and light across India was over ***, meaning it had increased since March 2022. The CPI measures the change in consumer prices of goods and services purchased by households across India over time.

Largest costs reported by platform workers. Workers in the gig economy pay for their own gas. When prices rise, but fares don't, their margins suffer.

Crude Oil rose to 62.43 USD/Bbl on August 20, 2025, up 1.07% from the previous day. Over the past month, Crude Oil's price has fallen 5.33%, and is down 13.20% 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 August of 2025.

Jet fuel prices in the aviation industry were at an all-time low during 2020; the lowest value recorded was in the week of May 1, 2020 at 0.46 U.S. dollars per gallon. Now that air passenger demand is improving, the rise in jet fuel prices is putting pressure on the airline industry that is trying to return to profitability.

About the ProjectWe developed the KAPSARC Energy Model for Saudi Arabia (KEM-SA) to understand the dynamics of the country’s energy system. It is a partial equilibrium model formulated as a mixed complementarity problem to capture the administered prices that permeate the local economy. KEM-SA has been previously used to study the impacts of various industrial fuel pricing policies and improved residential efficiency on the energy economy. The passenger transportation model presented in this paper helps understand more of the end-use energy demand.Key PointsIn 2016, policymakers in Saudi Arabia increased domestic transportation fuel prices, which are expected to approach market levels in the near future. Current low crude oil prices offer an excellent opportunity for policymakers to deregulate the passenger transportation sector without a significant change in local fuel prices. We developed a bottom-up transportation sub-model and integrated it with the KAPSARC Energy Model (KEM) to assess whether consumers could afford such reforms; and the resulting travel mode choices, energy consumption levels and revenue. We do not consider price-induced efficiency improvements; hence, the results would represent an upper bound for the shift to public modes.Despite a deregulation of the passenger transportation sector, Saudi households would continue to allocate one of the lowest transport budgets (as a percentage of income) in Gulf Cooperation Council (GCC) countries and also stay within Saudi Arabian historical boundaries.Deregulating fuel prices would encourage consumers to travel by more efficient public transport modes, as they become available in the near future, leading to significant energy savings and CO2 emissions reductions of between 4 million to 26 million metric tons (mt) per year.The Kingdom would receive an annual average $8.2 billion as additional revenue from domestic sales and exports in the varying crude price scenario and $5 billion in the fixed $60/bbl scenario.Despite the increase in transport fuel price, the net gain for Saudi Arabia in the varying crude oil price scenario remains positive as a result of substantial increase in revenue and the introduction of more convenient public travel modes.Our findings show that analyzing energy policies using empirical estimates are generally valid even for large variations in price; however, if new transport modes and technologies are introduced in Saudi Arabia, consumer response may be slightly greater than that of empirical estimate, which did not account for such new modes.

Gasoline Prices in Turkey increased to 1.28 USD/Liter in July from 1.24 USD/Liter in June of 2025. This dataset provides the latest reported value for - Turkey Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The global retail fuel market is a dynamic sector experiencing significant growth, driven by increasing urbanization, rising vehicle ownership, and expanding industrial and commercial activities. While precise market size figures are unavailable, based on industry trends and comparable markets, we can estimate the 2025 market value at approximately $1.5 trillion USD. This substantial market is expected to exhibit a Compound Annual Growth Rate (CAGR) of around 4% from 2025 to 2033, reaching an estimated value of $2.2 trillion USD by 2033. This growth is fueled by factors such as the increasing demand for transportation fuels in developing economies, the expansion of the aviation industry, and the growing use of fuel in power generation and industrial processes. However, the market faces constraints, such as fluctuating crude oil prices, governmental regulations on emissions, and the increasing adoption of alternative energy sources like electric vehicles. Segment-wise analysis reveals diverse growth patterns. Natural gas and high-speed diesel are dominant fuel types, driving a significant portion of the market value. Within applications, power generation, industrial uses, and transportation (including aviation and captive power) are key drivers. Geographic distribution shows significant regional variations. North America and Asia Pacific are currently leading markets due to high vehicle ownership and industrialization. However, emerging economies in regions like the Middle East & Africa and South America are exhibiting rapid growth, presenting substantial future opportunities. Key players in the retail fuel market include national oil companies such as Bangladesh Petroleum Corporation and Petrobangla, as well as international giants like Chevron Corporation. These players are constantly adapting to changing market dynamics, investing in infrastructure and exploring new fuel technologies to maintain their competitiveness. The future of the retail fuel market hinges on successful navigation of environmental concerns, strategic infrastructure development, and the management of volatile energy prices.