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).

Gasoline rose to 2.09 USD/Gal on June 9, 2025, up 0.36% from the previous day. Over the past month, Gasoline's price has fallen 2.01%, and is down 13.72% 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 June of 2025.

Gasoline prices in the United States have experienced significant fluctuations over the past three decades, with 2024 seeing an average price of 3.3 U.S. dollars per gallon. This marks a notable decrease from the record high of 3.95 U.S. dollars per gallon in 2022, yet remains considerably higher than prices seen in the early 2000s. Despite this, American consumers continue to enjoy relatively low gasoline prices compared to many other countries, with some European countries paying more than double the U.S. average. Drivers in Hawaii and California pay the most at the pump Gasoline prices vary significantly across the United States, with Hawaii and California consistently ranking as the most expensive states for this fuel. As of January 1, 2025, Hawaii's average price for regular gasoline was 4.54 U.S. dollars per gallon, nearly 1.5 dollars above the national average. California's high prices are largely attributed to its steep gasoline taxes, which reached 68.1 U.S. cents per gallon in January 2024. These taxes play a crucial role in shaping retail prices and are typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Patterns in gasoline consumption In a global context, the United States maintains some of the lowest conventional motor fuel prices among high-income countries. This is largely due to its position as the world's largest crude oil producer, allowing it to keep retail prices comparatively low. Despite fluctuations in price, gasoline consumption in the U.S. remains robust, averaging around 8.5 million barrels per day in 2024. Consumption tends to be highest in the summer months and lowest in the winter months due to changing driving behavior.

In the fourth quarter of 2023, the price of neon gas in Germany reached 827 USD/MT by December. This report delves into the spot price of neon gas at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed neon gas price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 2, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel decreased that week. 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.

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Gasoline Market in US Size 2023-2027

The gasoline market in US size is forecast to decline by -258 mn L at a CAGR of -4.18% between 2023 and 2027. The gasoline market in the US is driven by several key factors. The increasing number of automobiles on the road continues to fuel demand for gasoline. Additionally, the rise in oil production, particularly in the US, has led to a surplus of crude oil, which in turn impacts the price of gasoline. Fluctuations in gasoline prices, influenced by supply and demand dynamics, geopolitical tensions, and refinery issues, also significantly impact market growth. These trends are expected to shape the future of the gasoline market in the US.

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The gasoline market in the US is characterized by various fuel types and their octane ratings, including regular gas, mid-grade gas, and premium gas. High-performance cars often require higher octane ratings to prevent engine knocking. Additives are added to gasoline to improve performance and fuel quality. Both leded and unleaded gasoline have historical significance, with tetraethyl lead being phased out due to environmental concerns. Diesel fuel and flex-fuel, which can run on ethanol, are alternative fuel types. Manufacturer's recommendations and owner's manuals indicate the appropriate fuel type for specific vehicles. Misfueling, such as using the wrong fuel in a vehicle, can lead to engine damage and costly repairs.

Fuel system evacuation may be necessary after misfueling or engine shutdown. Fuel quality plays a crucial role in engine performance and longevity. Renewable resources, such as grain alcohol, are increasingly used to produce ethanol and biodiesel. Heavy-duty vehicles often use diesel fuel, while some may use alternative fuels. Fuel types and their properties, including flammability, should be carefully considered for optimal vehicle performance.

Market Segmentation

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

  US

By Type Insights

The regular segment is estimated to witness significant growth during the forecast period. In the United States, regular gasoline is a commonly used fuel for standard engines in various types of vehicles. This fuel is derived from crude oil and consists primarily of hydrocarbons, with approximately 10% ethanol added to enhance its octane rating. The octane rating of regular gasoline is usually 87 or 88, indicating a lower resistance to engine knocking or pinging during combustion compared to premium fuels. High-performance or high-compression engines may require mid-grade or premium gasoline to prevent potential engine damage. Regular unleaded gasoline, which does not contain tetraethyl lead, is widely accessible at gas stations nationwide and is generally less costly than higher-octane alternatives.

Fuel quality plays a crucial role in engine performance and longevity. Regular gasoline's lower octane rating may lead to engine knocking, which can negatively impact performance and potentially cause engine damage. Owners of high-performance vehicles should consult their owner's manual to determine the recommended fuel type for their specific engine. In the event of misfueling, engine shutdown and repair shop visits may be necessary to address fuel system evacuation and potential damage. Alternative fuels, such as diesel fuel, flex-fuel, ethanol, natural gas, methanol, and biodiesel, offer various benefits and considerations. Flex-fuel vehicles, for instance, can run on a combination of gasoline and ethanol, including E85 (85% ethanol and 15% gasoline).

Ethanol, a renewable resource, is a colorless liquid produced through fermentation of sugars derived from grains like corn and sugarcane. Ethanol is flammable and has an octane rating higher than regular gasoline, providing performance benefits for high-performance engines. Cellulosic ethanol, derived from non-food plant sources, is another alternative fuel that offers potential environmental advantages. Heavy-duty vehicles and industrial applications may require diesel fuel or alternative fuels like natural gas or biodiesel to meet their energy demands. As the global focus on sustainability and reducing greenhouse gas emissions continues to grow, the use of alternative fuels derived from renewable resources will likely become increasingly prevalent.

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The regular segment accounted for USD 1.47 bn L in 2017 and showed a gradual increase during the forecast period.

Our market researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analy

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to Apr 2025 about energy, gas, retail, price, and USA.

U.S. gasoline prices increased across all major grades in March 2025. Regular gasoline prices rose to an average of 3.17 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2023, annual prices had decreased again slightly, reaching 2013 levels.

During the first quarter of 2025 and into mid-April, U.S. natural gas prices exhibited a mixed trend driven by fluctuating weather patterns, shifting supply dynamics, and varied demand across sectors. In January, prices initially declined as above-average temperatures across key regions limited heating demand, but brief cold snaps later in the month sparked temporary rebounds. February saw modest price recoveries fueled by increased residential consumption during colder spells and a slight dip in production due to freeze-offs in certain basins.

Filling Station and Gas Station Market Outlook

The global filling station and gas station market size is projected to experience significant growth from 2023, with an estimated size of USD 2 trillion, to approximately USD 3 trillion by 2032, reflecting a healthy compound annual growth rate (CAGR) of around 5.5%. This robust growth is driven by several key factors including the rising number of vehicles globally, advancements in fuel technology, and the increasing demand for alternative fuels. As the transportation industry continues to expand, the need for more accessible and efficient fueling infrastructure becomes imperative, propelling the need for more filling and gas stations across various regions.

One of the primary growth factors in the filling station and gas station market is the global increase in vehicle ownership. As economies continue to grow, especially in emerging markets such as Asia Pacific and Latin America, there is a corresponding rise in the middle-class population with disposable income. This demographic change leads to higher vehicle sales, which in turn boosts the demand for fuel and infrastructure to support these vehicles. Additionally, urbanization trends are leading to the expansion of cities, which requires an increase in accessible refueling options for commuters and commercial transport vehicles. This ongoing urban expansion is fueling the need for more strategically located filling stations.

Another significant growth contributor is the transition towards more sustainable fuel options. With increasing environmental awareness and regulatory pressures, there is a noticeable shift towards cleaner fuels such as compressed natural gas (CNG) and liquefied petroleum gas (LPG). This transition is prompting many station operators to diversify their service offerings to include a range of fuel types. The development of electric vehicle (EV) charging infrastructure within traditional gas stations is another trend driving market growth. By offering fuel options that cater to a wider range of vehicles, stations can attract more customers and boost profitability.

The market is also being driven by technological advancements and service diversification. Modern filling stations are evolving into multifunctional service hubs that offer more than just fuel. The inclusion of convenience stores, car wash services, and even dining options are transforming these stations into integral parts of daily consumer life. This expansion of service offerings not only enhances customer experience but also provides additional revenue streams for station operators. The integration of digital payment systems and loyalty programs is further enhancing customer retention and satisfaction, making filling stations a preferred choice for a variety of consumer needs.

Regionally, the market outlook varies considerably. Asia Pacific is anticipated to be a leading region due to its large population, rapid urbanization, and increasing vehicle sales. North America and Europe are also significant markets, driven by established infrastructure and a strong focus on integrating alternative fuel sources. Meanwhile, regions like Latin America and the Middle East & Africa are witnessing growing investment in fuel infrastructure as part of broader economic development plans. These regional dynamics underscore the diverse factors influencing the market and highlight the importance of understanding local market conditions.

Fuel Type Analysis

Analyzing the fuel type segment reveals the diverse components that drive the filling station and gas station market. Traditionally, petrol and diesel have dominated the market due to the prevalence of internal combustion engine vehicles. However, with a growing emphasis on sustainability and reducing carbon emissions, there is a significant shift towards alternative fuels such as CNG, LPG, and even hydrogen. Petrol continues to hold a considerable share but is witnessing a slow decline as electric vehicles (EVs) gain traction and consumers become more environmentally conscious. This shift is prompting filling stations to incorporate hybrid energy solutions, creating an evolving landscape of fuel types available at stations.

CNG and LPG are gaining popularity as cleaner alternatives to traditional fossil fuels. Their adoption is particularly strong in regions where government policies favor the use of cleaner energy sources. These fuels not only reduce greenhouse gas emissions but also offer cost advantages, which are attractive to both consumers and commercial fleet operators. As more vehicles are manufactured to run on these alternative fuels,

The global fuel energy price index stood at 159.45 index points in April 2025, up from 100 in the base year 2016. Figures decreased that month due to widespread tariffs and lower heating fuel demand. 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. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

In Q4 2024, natural gas prices in the U.S. experienced a clear upward trend, primarily driven by strong demand, supply constraints, and geopolitical factors. As colder weather approached, heating demand surged, particularly in the residential and commercial sectors, further tightening an already strained market. Increased consumption for heating combined with a rise in LNG exports to international markets, especially Europe and Mexico, added significant upward pressure

The average monthly price for natural gas in the United States amounted to 4.13 nominal U.S. dollars per million British thermal units (Btu) in March 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over 70 U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than 60 percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than one trillion cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

The size of the USA Oil and Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00% during the forecast period. The oil and gas market refers to the global industry involved in the exploration, extraction, refining, transportation, and sale of petroleum and natural gas products. This sector plays a crucial role in powering the global economy, providing the primary source of energy for industries, transportation, heating, and electricity generation. The market is divided into three main segments: upstream, midstream, and downstream. Upstream involves exploration and production, where companies search for oil and gas reserves and extract them. Midstream covers the transportation, storage, and wholesale marketing of crude or refined petroleum products, often involving pipelines, shipping, and storage facilities. Downstream includes refining crude oil, processing raw natural gas, and marketing the end products like gasoline, diesel, jet fuel, lubricants, and petrochemicals used in plastics and other materials. Recent developments include: March 2022: The United States' President Joe Biden agreed to a landmark energy supply deal with the European Union. Under this deal, the United States was expected to increase transatlantic gas deliveries. This deal is important to reduce dependence on Russia after the Russia-Ukraine War., January 2022: The Department of Energy announced the release of 13.4 million barrels of oil from the Strategic Petroleum Reserve. The release of the emergency oil reserves aimed to combat rising gasoline prices in the United States and the lack of oil supply worldwide.. Key drivers for this market are: 4., Modernization and Upgrades of Existing Military Aircraft Fleets4.; Increasing Defense Budgets. Potential restraints include: 4., Shift Toward Unmanned Aircraft. Notable trends are: Upstream Sector Expected Witness Significant Growth.

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

In 2021, the Puerto Rican gas supply meter market increased by 14% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Graph and download economic data for Henry Hub Natural Gas Spot Price (WHHNGSP) from 1997-01-10 to 2025-05-30 about natural resources, gas, price, and USA.

Gasoline Prices in Vietnam remained unchanged at 0.74 USD/Liter in May. 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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Oil And Gas Downstream Market Size 2025-2029

The oil and gas downstream market size is forecast to increase by USD 140.6 billion at a CAGR of 2.1% between 2024 and 2029.

The market is experiencing significant growth driven by the rising global energy demand, particularly in emerging economies. This trend is expected to continue as population growth and urbanization increase the need for energy sources. Another key driver is the increasing adoption of digitalization and automation in the downstream sector, leading to improved operational efficiency and cost savings. However, the market faces uncertainties associated with crude oil prices, which can significantly impact profitability. As companies seek to capitalize on market opportunities and navigate challenges effectively, it is essential to stay informed of these trends and factors.
Strategic initiatives such as investments in renewable energy sources, expansion into emerging markets, and implementation of advanced technologies can help companies remain competitive and thrive in this dynamic market.

What will be the Size of the Oil And Gas Downstream Market during the forecast period?

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The market encompasses the processing and distribution of petroleum crude oil and raw natural gas into various products for the transportation sector. This market is characterized by the transformation of these resources into fuels, petrochemical feedstocks, and specialty fuels through refining processes. Refining costs are a significant factor, with complex refineries employing secondary processes such as catalytic cracking to optimize yields and improve efficiency. The market's size is substantial, with global demand driven by the transportation sector's reliance on traditional fuels.
However, emerging trends, including the rise of fuel-efficient vehicles and electric vehicles, may impact market dynamics. The downstream oil industry's future direction remains influenced by factors such as crack spreads, the performance of oil refiners, and the evolving role of integrated refineries in the production of petrochemicals.

How is this Oil And Gas Downstream Industry segmented?

The oil and gas downstream 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. TypeRefineriesPetrochemical plantsApplicationDomesticInternationalProductPetroleum ProductsChemical ProductsFractionLight DistillatesMiddle DistillatesHeavy OilsDistribution ChannelDirect SalesRetailOnline PlatformsEnd-UserTransportationPower GenerationManufacturingGeographyAPACChinaIndiaJapanSouth KoreaNorth AmericaUSCanadaMiddle East and AfricaUAEEuropeGermanySouth AmericaBrazil

By Type Insights

The refineries segment is estimated to witness significant growth during the forecast period. Refineries play a crucial role in the market by converting crude petroleum into a range of valuable products, including diesel, gasoline, jet fuel, and petrochemical feedstocks. Two primary refinery types exist: atmospheric distillation and complex, or integrated, refineries. The former separates crude oil through fractional distillation into primary components, while the latter incorporates secondary processes to maximize high-value product yield and minimize waste. Downstream products, such as transportation fuels, industrial fuels, heating oil, and chemical feedstocks, are essential for various sectors. Refining processes include distillation units, catalytic cracking, and reforming. The refining industry faces challenges from increasing energy demand, fuel efficiency, electric vehicles, and refinery automation.

Additionally, refinery costs, product yield, and fuel quality are crucial factors influencing profitability. Cybersecurity risks and solutions, drilling rigs, and autonomous drilling also impact the industry. The oil and gas downstream sector continues to evolve, with potential integration of renewable energy sources and sustainable fuels.

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The Refineries segment was valued at USD 873.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region's growing population and economic expansion fuel the demand for energy, particularly oil and gas. This trend necessitates investments in downstream oil and gas projects, including exploration and production. Offshore reserves in the APAC region, which are extensive, are

Gas Management System Market Outlook

The global gas management system market size is projected to grow from $6.5 billion in 2023 to $10.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.8%. This robust growth is primarily driven by the increasing demand for efficient gas utilization and safety systems across various industries. As industrialization and urbanization continue to expand, the need for sophisticated gas management solutions becomes more critical, ensuring safe and efficient gas distribution and usage.

One of the primary growth factors for the gas management system market is the rising demand for energy across the globe. With the increasing population and rapid industrialization, the need for energy has skyrocketed, driving demand for natural gas, which is seen as a relatively cleaner energy source compared to coal and oil. This trend necessitates advanced gas management systems to ensure safe, efficient, and reliable gas distribution and usage. Additionally, governments across the world are implementing stringent regulations to ensure safety and environmental protection, further propelling the adoption of advanced gas management systems.

The healthcare sector is another significant growth driver for the gas management system market. In hospitals and laboratories, the precise management of medical gases such as oxygen, nitrous oxide, and carbon dioxide is crucial. These gases are indispensable for various medical procedures, patient care, and research activities. The rising number of healthcare facilities and the increasing focus on patient safety and operational efficiency are boosting the demand for sophisticated gas management systems in this sector. Furthermore, technological advancements in gas monitoring and control systems are enhancing the precision and reliability of gas management in healthcare settings.

Industrial applications are also contributing significantly to the growth of the gas management system market. Industries such as manufacturing, chemical processing, and petrochemicals require accurate gas monitoring and control to ensure process efficiency, safety, and compliance with regulatory standards. The rising focus on reducing operational costs and enhancing productivity is encouraging industries to adopt advanced gas management solutions. Additionally, the development of smart factories and the integration of IoT technologies are further driving the demand for intelligent gas management systems that provide real-time monitoring and control capabilities.

From a regional perspective, the Asia Pacific region is expected to witness substantial growth in the gas management system market. The rapid industrialization, urbanization, and infrastructural development in countries such as China, India, and Japan are driving the demand for efficient gas management solutions. Furthermore, the increasing investments in healthcare infrastructure and the growing focus on energy efficiency and safety are contributing to the market growth in this region. North America and Europe are also significant markets, driven by stringent regulatory frameworks, technological advancements, and high awareness regarding safety and environmental protection.

Component Analysis

The gas management system market can be segmented by component into hardware, software, and services. Starting with hardware, this segment includes various physical components such as gas detectors, meters, controllers, and valves. These components are critical for the accurate measurement, monitoring, and control of gas flow and pressure. The increasing adoption of advanced hardware solutions is driven by the need for precision and reliability in gas management applications. Moreover, technological advancements in sensor technology and the development of smart devices are further enhancing the capabilities of gas management hardware.

Software is another crucial component of gas management systems. This segment includes various software solutions for data analysis, monitoring, control, and reporting. The integration of software with hardware components enables real-time monitoring and analysis of gas usage and distribution, enhancing operational efficiency and safety. The increasing adoption of cloud-based solutions and IoT technologies is driving the demand for advanced software solutions in the gas management system market. Additionally, the development of user-friendly interfaces and predictive analytics capabilities are further boosting the adoption of software solutions.

Services constitute the third component segment in the ga