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.

Natural gas fell to 2.97 USD/MMBtu on September 1, 2025, down 0.76% from the previous day. Over the past month, Natural gas's price has risen 1.44%, and is up 36.86% 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.

Gasoline rose to 2 USD/Gal on September 2, 2025, up 0.50% from the previous day. Over the past month, Gasoline's price has fallen 4.59%, but it is still 1.21% 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 statistic gives projections of the cost for coal and natural gas between 2016 and 2050. It is predicted that in 2020, natural gas cost will 6.69 U.S. dollars per million British thermal units compared with 6.13 for metallurgical coal.

British gas price is expected to continuously increase until 2035, when prices are forecasted to stabilize. In 2035, low, central and high are expected to reach 43, 64 and 88 British pence per therm, respectively.

The high, central and low projections are used by Her Majesty's Government for policy appraisal and modeling work. Gas prices are influenced by a number of external factors, including new projects in places such as Australia, weather conditions affecting demand, and the price of oil relative to gas.

TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% 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 September of 2025.

Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

UK Gas rose to 78.56 GBp/thm on September 1, 2025, up 0.94% from the previous day. Over the past month, UK Gas's price has fallen 7.13%, and is down 15.30% 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 September of 2025.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

The information includes projected fossil fuel costs for 2024 for different Indian states, including gasoline, diesel, LPG, and CNG. It comprises 365 days' worth of data on daily fuel costs for every state, making it a huge dataset with a 314.78 MB size objective. There are four columns: "State," "Fuel," "Date," and "Rate." Indian state names are listed in the "State" column, while the fuel type is specified in the "Fuel" column. "Rate" holds the price for each fuel type, randomly generated within standard ranges, while "Date" records the day in the format `YYYY-MM-DD}. The dataset is helpful for price trend analysis and regional gasoline cost comparisons in India because it attempts to simulate real-world fuel price changes. The dataset is described in full in list form below:

• The Dataset Purpose is to simulate the pricing of fossil fuels in order to analyze trends and make comparisons amongst - Indian states in 2024.
• States: Comprising several states such as Andhra Pradesh, Maharashtra, Tamil Nadu, Karnataka, etc.
• Fuels: Consists of four different fuel types: diesel, gasoline, LPG, and CNG.
• Time Period: Every day information for all 365 days in 2024.
• The state's name is indicated in the Columns column.
  • Fuel: Kind of fuel.
  • The date in the format {`YYYY-MM-DD} is Date.
  • Rate: A floating-point value simulation of the cost of fuel.
• 314.78 MB is the target file size (Data Size).
• Price Ranges: Within typical market ranges, prices for each fuel type are determined at random.
• Applications: Helpful for trend analysis, pricing analysis for specific regions, and modeling price fluctuations.

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US Propane Market Size 2025-2029

The US propane market size is forecast to increase by USD 8.42 billion, at a CAGR of 6.6% between 2024 and 2029.

Major Market Trends & Insights

By End-user - Industrial segment was valued at USD 7.38 billion in 2022
By Grade Type - HD-5 propane segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 64.96 billion
Market Future Opportunities: USD 8.42 billion 
CAGR : 6.6%

Market Summary

The Propane market in the US continues to evolve, driven by advancements in storage and transportation technologies. According to recent industry reports, propane consumption in the US reached an estimated 46.4 billion gallons in 2021, representing a significant increase from the previous year. This growth can be attributed to the sector's versatility, as propane is used extensively in various industries, including residential, commercial, and industrial applications. Compared to traditional fuels, propane offers several advantages, including higher energy density and lower emissions. However, the market faces competition from other alternative fuels, such as natural gas and renewable energy sources.
In response, propane producers are focusing on the development of renewable propane, which is derived from renewable feedstocks, to maintain market share. Despite these challenges, the propane market remains a crucial component of the US energy landscape. Its widespread availability and adaptability across various sectors make it a preferred choice for many businesses, ensuring its continued relevance in the energy market.

What will be the size of the US Propane Market during the forecast period?

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The propane market in the US experiences consistent demand, with current usage accounting for approximately 11% of the total domestic energy consumption. Looking forward, market expansion is projected to reach over 2% annually, driven by increasing demand from various industries, including agriculture, construction, and commercial applications. Notably, propane's versatility and efficiency contribute to its growing popularity as a preferred energy source. In comparison, the consumption of propane in the US surpasses that of natural gas in certain sectors, such as agricultural drying and residential heating.
This trend underscores the significant role propane plays in the energy landscape. Moreover, the propane industry's ongoing advancements include the development of advanced metering systems, ensuring accurate and efficient billing, and the implementation of stringent quality control measures to maintain propane's purity. These innovations contribute to the industry's continued growth and evolution.

How is this US Propane Market segmented?

The propane in US 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.

End-user

  Industrial
  Commercial
  Residential
  Others


Grade Type

  HD-5 propane
  HD-10 propane
  Commercial propane


Type

  Gas
  Liquid


Application

  Heating
  Cooking
  Power Generation
  Motor Fuel
  Industrial Processes
  Others


Geography

  North America

    US

By End-user Insights

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

The propane market in the US experiences significant fluctuations due to various factors. Industrial sectors, particularly manufacturing and construction, contribute to the market's growth as they rely on propane for heating, processing, and other applications. Cold weather increases demand in industries such as agriculture, food processing, and construction, where propane is utilized for heating and drying purposes. Seasonal weather patterns positively impact short-term demand, with approximately 45% of propane consumption occurring during winter months. Propane competes with alternative energy sources like natural gas, electricity, and heating oil. Price fluctuations in these energy markets influence the demand for propane.

For instance, a 10% increase in natural gas prices can lead to a 1.5% increase in propane demand. Additionally, the propane supply chain includes various components, such as pipeline capacity, distribution networks, and storage capacity. These elements impact the market's dynamics, with a 20% increase in pipeline capacity leading to a 5% rise in propane availability for industrial applications. Propane is also used as an autogas fueling solution, with commercial fleets and transportation companies adopting it due to its cost-effectiveness and environmental benefits. The market for propane autogas is projected to grow by 25% over the next five years.

Propane's high e

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.

Gasoline Prices in Germany decreased to 2.01 USD/Liter in August from 2.02 USD/Liter in July of 2025. This dataset provides the latest reported value for - Germany 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 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.

As per Cognitive Market Research's latest published report, the Global Oil Exploration and Production market size is $3,588.98 Million in 2024 and it is forecasted to reach $5,116.57 Billion by 2031. Oil Exploration and Production Industry's Compound Annual Growth Rate will be 5.20% from 2024 to 2031. Market Dynamics of the Oil Exploration and Production Market

Market Driver for the Oil Exploration and Production Market

The increasing investment in oil sector by several government bodies worldwide elevates the market growth 

Many countries view a stable and secure energy supply as crucial for their economic development and national security. Investing in the oil sector helps ensure a reliable source of energy. Oil exploration and production contribute significantly to the economic growth of a country. Governments often invest in the oil sector to capitalize on the potential for high returns, which can be used to fund public services, infrastructure projects, and other essential programs. Despite efforts to transition to renewable energy sources, the global demand for oil remains high. Governments recognize the need to meet this demand and ensure a stable energy supply to support industrial processes, transportation, and other key sectors. The oil and gas industry encompasses activities linked to exploration, including the search for hydrocarbons, identification of high-potential areas for oil and gas extraction, test drilling, the construction of wells, and initial extraction. According to the Center on Global Energy Policy, data 2023, the 2021–22 period of high oil and gas prices did not lead to a significant increase in capital spending by private companies despite record profits. One exception has been upstream exploration and production (E&P) companies, whose capital spending in 2022 was the highest since 2014.   According to the International Labor Organization (ILO), data 2022, the oil and gas industry makes a significant contribution to the global economy and to its growth and development worldwide. The oil industry alone accounts for almost 3 per cent of global domestic product. The trade in crude oil reached US$640 billion in 2020, making it one of the world’s most traded commodities. Additionally, the industry is highly capital-intensive. Globally investments in oil and gas supply reached more than US$511 billion in 2020. According to the oil and gas industry outlook, data 2023, rapid recovery in demand, and geopolitical developments have driven oil prices to 2014 highs and upstream cash flows to record levels. In 2022, the global upstream industry is projected to generate its highest-ever free cash flows of $1.4 trillion at an assumed average Brent oil price of $106/bbl. Until now, the industry has practiced capital discipline and focused on cash flow generation and pay-out—2022 year-to-date average O&G production is up by 4.5% over the same period last year, while 2022 free cash flows per barrel of production is projected to be higher by nearly 70% over 2021. In addition, high commodity prices and growing concerns over energy security are creating urgency for many to diversify supply and accelerate the energy transition. As a result, clean energy investment by Oil &Gas companies has risen by an average of 12% each year since 2020 and is expected to account for an estimated 5% of total Oil & Gas capex spending in 2022, up from less than 2% in 2020.Therefore, investments made over recent decades enabled the United States to become a world leader in oil and natural gas production. Thus, owing to increased oil production, the demand for oil exploration and production has surged during the past few years.

The rising demand for oil across both commercial and residential sector is expected to drive the market growth 

Oil remains a primary source of energy for transportation, including cars, trucks, ships, and airplanes. The growing global population, urbanization, and increased industrial activity contribute to a rise in the number of vehicles and the overall demand for transportation fuels derived from oil, such as gasoline and diesel. Many industrial processes rely on oil and its by-products as energy sources and raw materials. Industries such as manufacturing, petrochemicals, and construction utilize oil-based products for various applications, including heating, power generation, and the production of pl...

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on August 25, 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.

The global market size of South Oil and Gas is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.

Global South Oil and Gas Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global South Oil and Gas industry. The key insights of the report:

1.The report provides key statistics on the market status of the South Oil and Gas manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.

3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.

4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

5.The report estimates 2019-2024 market development trends of South Oil and Gas industry.

6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out

7.The report makes some important proposals for a new project of South Oil and Gas Industry before evaluating its feasibility.

There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.

For competitor segment, the report includes global key players of South Oil and Gas as well as some small players.

The information for each competitor includes:

* Company Profile

* Main Business Information

* SWOT Analysis

* Sales, Revenue, Price and Gross Margin

* Market Share



For product type segment, this report listed main product type of South Oil and Gas market

* Product Type I

* Product Type II

* Product Type III



For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.

* Application I

* Application II

* Application III



For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:

* North America

* South America

* Asia & Pacific

* Europe

* MEA (Middle East and Africa)

The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.



Reasons to Purchase this Report:

* Analyzing the outlook of the market with the recent trends and SWOT analysis

* Market dynamics scenario, along with growth opportunities of the market in the years to come

* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

* 1-year analyst support, along with the data support in excel format.

We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Snapshot img

Compressed Natural Gas Market Size 2025-2029

The compressed natural gas (CNG) market size is forecast to increase by USD 32.28 billion, at a CAGR of 9% between 2024 and 2029.

Major Market Trends & Insights

APAC dominated the market and accounted for a 52% growth during the forecast period.
By the Application - LDV segment was valued at USD 32.11 billion in 2023
By the Source - Non associated gas segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 90.25 billion
Market Future Opportunities: USD 32.28 billion 
CAGR : 9%
APAC: Largest market in 2023

Market Summary

Compressed Natural Gas (CNG) is a viable alternative to traditional fossil fuels, gaining traction in various industries due to its environmental benefits and cost-effectiveness. According to recent market studies, the global CNG market is experiencing a significant increase in demand, with the transportation sector leading the charge. In 2020, the transportation segment accounted for approximately 45% of the total CNG consumption, driven by the growing adoption of CNG-powered buses and trucks. The industrial sector follows closely, accounting for around 35% of the market share. The shift towards CNG is influenced by several factors, including the volatility of crude oil prices and the need to reduce greenhouse gas emissions.
In fact, natural gas emits approximately 25% less carbon dioxide than gasoline during combustion. Moreover, the availability of abundant natural gas resources and advancements in CNG infrastructure are further fueling market growth. However, the market's dynamics are subject to change as technological advancements and regulatory policies continue to evolve.

What will be the Size of the Compressed Natural Gas (CNG) Market during the forecast period?

Explore market size, adoption trends, and growth potential for compressed natural gas (cng) market Request Free Sample

Compressed Natural Gas (CNG) is a viable alternative fuel for businesses seeking to reduce their carbon footprint and enhance energy security. Currently, the global CNG market accounts for approximately 15% of the total natural gas consumption. Looking ahead, future growth prospects are promising, with expectations of a 30% increase in market share by 2030. CNG offers several advantages over traditional fossil fuels. For instance, CNG vehicles boast a fuel efficiency gain of up to 30% compared to their gasoline counterparts. Moreover, CNG's energy density is comparable to that of gasoline, enabling long-range travel. Cost-wise, CNG vehicles incur lower maintenance costs due to their simpler engine design and fewer moving parts.
Additionally, CNG refueling time is significantly shorter than that of battery-electric vehicles, making it a more practical choice for businesses with large vehicle fleets. In comparison, renewable CNG derived from biomethane sources offers an even more sustainable alternative, reducing greenhouse gas emissions by up to 90%. Furthermore, the use of mobile refueling units and CNG fueling stations allows for flexible fuel delivery, mitigating concerns over range anxiety and pipeline infrastructure. CNG's environmental benefits extend beyond emissions reduction. Its implementation contributes to energy security by diversifying fuel sources and reducing reliance on imported oil.
However, safety regulations, such as leak detection systems and pressure regulation, must be strictly adhered to ensure safe handling and storage of CNG.

How is this Compressed Natural Gas (CNG) Industry segmented?

The compressed natural gas (cng) 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

  LDV
  MDV and HDV


Source

  Non associated gas
  Unconventional gas
  Associated gas


Distribution Channel

  Refueling Stations
  Virtual Pipelines


Tank Type

  Type 1
  Type 2
  Type 3
  Type 4


Vehicle Types

  Light-Duty
  Heavy-Duty
  Buses


Geography

  North America

    US
    Mexico


  Europe

    France
    Italy
    Norway


  Middle East and Africa

    Egypt
    Iran
    Qatar
    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

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

The market is experiencing significant growth as businesses and consumers seek more sustainable and cost-effective fuel alternatives. According to recent industry reports, the market share of CNG in the transportation sector has expanded by approximately 18% in the past five years, accounting for around 3% of the total global fuel consumption. Furthermore, ind

Gasoline Prices in France increased to 2.05 USD/Liter in August from 2.03 USD/Liter in July of 2025. This dataset provides the latest reported value for - France Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Oil and Gas Market in Africa size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 5.50 % during the forecast's periods. The oil and gas industry are a critical sector that involves the exploration, extraction, refining, and distribution of petroleum and natural gas. These fossil fuels are formed from the remains of ancient marine organisms that have been subjected to heat and pressure over millions of years. The industry is divided into three main segments: upstream, midstream, and downstream. Upstream activities include the exploration and drilling of oil and gas wells to locate and extract hydrocarbons. Midstream operations involve the transportation and storage of crude oil and natural gas, often through pipelines, tankers, and storage facilities. Downstream processes encompass refining crude oil into usable products such as gasoline, diesel, and jet fuel, as well as the marketing and distribution of these products to consumers. The oil and gas industry are a major driver of the global economy, providing energy for transportation, heating, electricity, and industrial production. Recent developments include: In January 2022, Nigerian National Petroleum Company Ltd secured a USD 5 billion commitment from the African Export-Import Bank to fund its major investment in the Nigerian upstream sector. The repayment of this funding is expected to be done through a forward sale arrangement, whereby the funds will constitute the payment purchase of 90-120 kpd of crude to be delivered to the lender within a four to eight-year period., In February 2022, the Nigerian Upstream Petroleum Regulatory Commission announced the "Industry-Wide Oil Revenue Recovery Initiative" to recover the missed revenue on account of crude oil loss due to illegal tapping of pipelines. Per the petroleum commission, it is likely to recover double the country's output from 1.5 million barrels of oil per day to 3 million barrels per day in the upcoming years.. Key drivers for this market are: 4., Increasing Natural Gas Demand4.; Rising Pipeline Network and Associated Infrastructure Development. Potential restraints include: 4., Rising Shift toward Renewable Energy. Notable trends are: Upstream Segment to dominate the Market.