Gasoline Prices in Saudi Arabia remained unchanged at 0.62 USD/Liter in August. This dataset provides the latest reported value for - Saudi Arabia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Middle East Natural Gas Market report segments the industry into Type (Ethane, Propane, Methane, Other Gas Types), Source (Conventional Gas, Unconventional Gas), Application (Automotive, Power Generation, Household, Industrial Fuel), and Countries (Saudi Arabia, UAE, Iran, Rest of Middle East and Africa). Get five years of historical data alongside five-year market forecasts.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The price per 1,000 liters of motor fuel in Italy recorded a slight increase in the week ending August 31, 2025. The price of automotive fuel oil amounted to approximately ***** euros per 1,000 liters, whereas the price of Euro-Super 95 stood at roughly ***** euros per 1,000 liters. Road fuel prices in Italy peaked in 2022, following Russia's invasion of Ukraine, and were further affected by the Middle East conflict.

The size of the Middle East and Africa Gas Generator Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.25">> 6.25% during the forecast period. The gas generator market in the Middle East and Africa (MEA) is experiencing significant growth, propelled by the increasing energy requirements of the region and a transition towards more sustainable power options. Gas generators, which predominantly utilize natural gas or biogas, present a more eco-friendly alternative to diesel generators, in line with the MEA's objectives of minimizing carbon emissions and enhancing energy efficiency. These generators are being increasingly deployed across various sectors, including industrial power generation, commercial facilities, and as backup power sources for essential infrastructure. In the Middle East, where natural gas resources are plentiful, gas generators are especially favored for their cost efficiency and reduced emissions. Nations such as Saudi Arabia and the United Arab Emirates are making substantial investments in gas generator technology to bolster infrastructure development and improve energy reliability. In Africa, where consistent power supply is often problematic, gas generators provide a reliable option for areas with emerging energy frameworks. Nevertheless, the market encounters challenges such as variable natural gas prices and competition from renewable energy alternatives. Additionally, certain regions may face logistical and infrastructural limitations. Despite these hurdles, the MEA gas generator market continues to expand, driven by the persistent shift towards cleaner energy solutions and the demand for dependable power in both urban and rural settings. Key drivers for this market are: 4., Increasing Supply and Consumption of Gas-based Systems in Various End-user Industry4.; Implementation of stricter emission regulations worldwide. Potential restraints include: 4., Growing Inclination towards Renewable Sources. Notable trends are: Industrial Sector to Drive the Market.

Gasoline fell to 1.98 USD/Gal on September 11, 2025, down 1.26% from the previous day. Over the past month, Gasoline's price has fallen 4.32%, but it is still 2.32% 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.

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

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.

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).

Statistics illustrates prices of furnace burners for solid fuel or gas in Middle East from 2007 to 2024.

Statistics illustrates prices of iron or steel gas domestic appliances in Middle East from 2007 to 2024.

The Middle Eastern liquefied petroleum gas (LPG) market expanded modestly to $22B in 2024, surging by 3.1% against the previous year. Over the period under review, consumption, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2021 when the market value increased by 7.6%. The level of consumption peaked at $33B in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

About the Project

KAPSARC is analyzing the shifting dynamics of the global gas markets. Global gas markets have turned upside down during the past five years: North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.

Key Points

In the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded.

Prices at benchmark points such as the U.K. National Balancing Point (NBP), U.S. Henry Hub (HH) and Japan/Korea Marker (JKM) slumped due to lower oil prices, liquefied natural gas (LNG) oversupply and unseasonal weather. Yet, the prices of natural gas in local currencies have increased in a number of developing countries in Africa, the Middle East, Latin America, former Soviet Union (FSU) and Asia.

North America experienced demand growth while gas in Europe and Asia faced rising competition from cheaper coal, renewables and, in some instances, nuclear. Gains to European demand were mostly weather related while increases in Africa and Latin America were not significant.

For LNG, Europe became the market of last resort as Asian consumption declined. Moreover, an anticipated surge in LNG supply, brought on by several new projects, may lead to a confrontation with Russian or other pipeline gas suppliers to Europe. At the same time, Asian buyers are seeking concessions on pricing and flexibility in their long-term contracts.

Looking ahead, natural gas has to prove itself a credible and affordable alternative to coal, notably in Asia, if the world is to reach its climate change targets. The future of the gas industry will also depend on oil prices, evolution of Chinese energy demand and impact of COP21 on national energy policies. Current low prices mean there is likely to be a pause in final investment decisions (FIDs) on LNG projects in the coming years.

The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of July. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Explore the growing market for non-electronic instruments used in measuring liquids or gases in the Middle East, expected to see continued growth over the next decade. By 2035, the market is projected to reach 4.5M units and $1.6B in value.

The Middle East and Africa gas generator market is experiencing robust growth, driven by increasing power demands in rapidly developing economies and persistent electricity shortages across the region. A compound annual growth rate (CAGR) exceeding 6.25% from 2019 to 2024 indicates a significant upward trajectory. This expansion is fueled by several factors: the rising urbanization and industrialization across the MEA region necessitate reliable backup power solutions, particularly in areas with underdeveloped grid infrastructure; growing adoption of gas generators in commercial and industrial sectors due to their relative cost-effectiveness and lower emissions compared to diesel; and government initiatives promoting energy security and diversification are encouraging investment in gas-powered generation. The market is segmented by capacity (less than 75 kVA, 75-375 kVA, above 375 kVA), end-user (residential, commercial, industrial), and geography (Saudi Arabia, UAE, South Africa, Ghana, and the Rest of MEA). Key players like Caterpillar, Atlas Copco, and Generac are shaping the market with their advanced technologies and extensive service networks. However, factors such as fluctuating gas prices and stringent emission regulations present challenges to sustained growth. The market's future trajectory will depend on the ongoing infrastructure development, government policies, and technological advancements in gas generator technology. Considering the substantial market size and predicted CAGR, it's projected that the market will exceed a value of several billion dollars by 2033 (precise figures require more granular data not provided). The segmentation of the market reveals significant opportunities. The industrial sector, particularly in regions like South Africa and Saudi Arabia, is expected to dominate due to its high power consumption. The commercial segment shows strong potential, as businesses increasingly require reliable backup power to mitigate disruptions. While the residential segment contributes less significantly currently, its growth rate is likely to increase as electrification and middle-class growth expand across MEA countries. Geographic diversification within the MEA region is noteworthy, with Saudi Arabia and the UAE representing significant market shares due to large-scale infrastructure projects and industrial activities. South Africa and Ghana present significant growth opportunities with expanding economies and ongoing energy sector reforms. Ongoing analysis of these individual geographic markets will be crucial for businesses to effectively target their products and services and gain a larger market share. Notable trends are: Industrial Sector to Drive the Market.

Kuwait has the most affordable gasoline prices when considering purchasing power. In 2024, the average monthly net salary in Kuwait allowed for the purchase of more than ***** liters of gasoline. Gasoline prices are generally lower in large oil-producing regions such as the Middle East, while a high average income in countries like Switzerland and Luxembourg translates into a higher gasoline index.

The size of the Middle East Oil Country Tubular Goods (OCTG) Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.20% during the forecast period. This dynamic oil and gas industry, which has extensive exploration and production activities in the Middle East, is part of the market for OCTG. Some of the world's largest oil reserves are found in Saudi Arabia, United Arab Emirates, and Iraq, which utilize a major portion of OCTG products, such as casing, tubing, and drill pipe to support their drilling as well as extraction processes. Such demand is driven by continued investments in the development of oil fields, enhanced recovery techniques, and the need to upgrade infrastructures. The Middle East OCTG market still faces the implications of swings in oil prices and instability in politics, which would, therefore, affect both investment levels and project timelines. On the other hand, companies will grow more environmentally responsible as emphasis on sustainability and environmental regulations increases all over the world, pushing improvements in activities to increase productivity and more environmentally friendly practices. To the technological advancements, the market development is also accompanied by new materials and manufacturing processes so that stronger and longer lasting tubular goods could be produced. In change in the global energy landscape, managing increased demand for energy, while enhancing efficiency and costs will be the focus of the Middle East OCTG market. Generally, the OCTG sector plays a vital role in the regional economic stability and growth within the energy domain. Recent developments include: In June 2022, Vallourec SA won a 10-year contract for providing the supply of premium casing and inventory management services. It also plans to cover a part of Saudi Aramco's needs for Premium OCTG (Oil Country Tubular Goods) solutions for its drilling operations. The contract has been signed on a call-off basis, placed every quarter during the term of the agreement. The first two on-call orders have already been received, with delivery scheduled for early 2023., In January 2022, Hunting PLC announced a joint venture with Jindal Saw Ltd, a global pipe manufacturing industry, to set up India's first state-of-the-art premium OCTG threading plant. The new plant is expected to supply drill pipes and bits for oil and gas drilling applications in the Middle East & North African region.. Key drivers for this market are: 4., Growing Demand to Develop the Natural Gas Infrastructure4.; Increase in Offshore Oil and Gas Exploration and Production (E&P) Activities. Potential restraints include: 4., High Volatility of Oil and Gas Prices. Notable trends are: Premium-grade OCTG to Witness Significant Growth.

In the Middle East & Africa (ME&A), nuclear power is considered a promising future source of energy. Countries that already have nuclear power are looking to expand their nuclear fleet and the countries with no nuclear reactors are considering nuclear new-build plans. Up until the last decade, the ME&A region was heavily dependent on its oil and gas reserves to meet its energy needs. But owing to the fast-pace economic growth in the region, oil and gas cannot sustain the growing power demand load. The opportunity to export oil profitably due to price hikes has also impacted the region’s current power situation and made the development of nuclear power more attractive. As per 2008 reports from International Atomic Energy Agency (IAEA), 17 of the 51 countries around the globe that expressed their intentions to develop nuclear power were from the Middle East and 13 were from Africa. Current activities in the region are pointing to firm plans in the region to develop this power source. Read More

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Underground Gas Storage Market Size 2024-2028

The underground gas storage market size is forecast to increase by USD 10.2 billion at a CAGR of 5.34% between 2023 and 2028.

The market is experiencing significant growth due to increasing energy demand and advancements in drilling techniques, seismic imaging, and reservoir management technologies. These innovations enable the efficient extraction and storage of natural gas, making UGS an essential component of the global energy mix. Hydrogen storage in underground facilities is an emerging trend. 
However, constructing underground storage facilities for gas presents challenges, including high capital costs, complex regulatory requirements, and geological risks. Addressing these challenges requires continued investment in research and development, as well as collaboration between industry stakeholders and regulatory bodies. By overcoming these hurdles, the market is poised to continue its expansion and contribute to a more sustainable energy future.

What will be the Size of the Market During the Forecast Period?

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Underground gas storage has emerged as a vital component of the global energy landscape, providing a stable and secure means of storing large volumes of natural gas for various applications. With an expanding industrialization process and increasing natural gas consumption, the need for underground gas storage facilities has grown significantly. These facilities, which can hold billions of cubic meters of natural gas, are typically constructed in depleted gas reservoirs, salt caverns, and aquifer reservoirs. The technology used in underground gas storage involves injecting natural gas into geologic formations, such as depleted oil and gas fields, salt caverns, and aquifers.
Moreover, the natural gas is stored under high pressure, allowing for efficient inventory management and energy resource backup during periods of high demand, particularly during the winter season. The underground gas storage industry is witnessing several market dynamics, including the transition towards cleaner energy sources and the increasing importance of energy security concerns. Hydrogen, as a potential cleaner energy source, is being explored for use in underground gas storage facilities, providing an opportunity for technology transfer from the oil and gas industry. Moreover, the price volatility of natural gas and the need for stable supply have further emphasized the importance of underground gas storage.
Additionally, groundwater utilization is also a critical consideration in the design and operation of these facilities to minimize environmental impact. Inventory management is a key aspect of underground gas storage, ensuring an adequate supply of natural gas for gas distribution networks and energy consumers. The use of advanced technology and techniques in the storage industry continues to evolve, enabling the efficient and safe storage of large volumes of natural gas. Carbon dioxide (CO2) storage is another application of underground gas storage facilities, providing a means of reducing greenhouse gas emissions and mitigating the environmental impact of fossil fuel reserves. Overall, the market is poised for growth, driven by the need for energy security, stable supply, and the transition towards cleaner energy sources.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Depleted fields
  Aquifer reservoir
  Salt caverns


Product

  Natural gas
  Hydrogen
  Others


Geography

  Europe

    Germany


  North America

    Canada
    US


  APAC



  Middle East and Africa



  South America

By Type Insights

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

Underground gas storage (UGS) is an essential component of the natural gas infrastructure, utilizing depleted oil and gas reservoirs for confining natural gas post-extraction. The suitability of a depleted field for UGS depends on its geographic and geological characteristics. Proximity to regions of high natural gas consumption facilitates efficient transportation and distribution. Geological factors, such as porosity and permeability, determine the reservoir's capacity to store and release natural gas. Porosity affects the quantity of gas the reservoir can hold, while permeability influences the outward flow rate. Price volatility and the shift towards hydrogen as a cleaner energy source are key challenges for the UGS market. However, UGS plays a crucial role in mitigating price volatility and ensuring energy security. Hydrogen storage in UGS facilities is an emerging trend, offerin