Gasoline Prices in Norway remained unchanged at 2.08 USD/Liter in October. This dataset provides the latest reported value for - Norway Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

In June 2023, Iceland recorded the highest gasoline prices among Scandinavian countries, at **** euros or **** U.S. dollars per liter. In contrast, the least expensive gasoline in Scandinavia at that time could be purchased in Sweden at **** euros per liter.

Gasoline prices of Norway plummeted by 21.59% from 2.27 US dollars per liter in 2014 to 1.78 US dollars per liter in 2016. Since the 19.34% surge in 2012, gasoline prices sank by 29.64% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

Hong Kong had the highest prices for premium gasoline (95-RON) on August 4, 2025. That day, prices averaged 3.58 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.

This statistic presents the percentage change in car, gasoline and diesel prices in Norway from 2007 to 2017. In 2017, prices of new cars decreased by *** percent. In the same year, gasoline prices changed by *** percent, whereas diesel prices changed by **** percent.

Norway NO: Pump Price for Gasoline: USD per Liter data was reported at 1.780 USD in 2016. This records a decrease from the previous number of 2.270 USD for 2014. Norway NO: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 1.630 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.530 USD in 2012 and a record low of 1.190 USD in 2000. Norway NO: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Norway (CPGREN01NOM657N) from Jan 1979 to Dec 2023 about Norway, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

Graph and download economic data for Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Norway (ELGAS0NOM086NEST) from Jan 1996 to Sep 2025 about heating, Norway, fuels, electricity, energy, harmonized, gas, CPI, price index, indexes, and price.

Norway NO: Pump Price for Diesel Fuel: USD per Liter data was reported at 1.630 USD in 2016. This records a decrease from the previous number of 2.110 USD for 2014. Norway NO: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 1.630 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.350 USD in 2012 and a record low of 1.090 USD in 1995. Norway NO: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Norway – Table NO.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

TTF Gas fell to 27.92 EUR/MWh on December 3, 2025, down 0.17% from the previous day. Over the past month, TTF Gas's price has fallen 14.22%, and is down 40.94% 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 - values, historical data, forecasts and news - updated on December of 2025.

In March 2025, the average wood fuel import price amounted to $159 per cubic meter, stabilizing at the previous month.

At 3.82 U.S. dollars per gallon in October 2022, regular all formulation retail gasoline prices in the United States were considerably lower than in Hong Kong or the Central African Republic, which reported the highest gasoline prices in the world at the end of October 2022. Norway also ranked high this year. Its high gasoline prices might be one of the reasons why the country is leading the charge towards electric mobility. Gas prices in selected countries worldwide Fuel prices in different countries range from a few cents to almost two U.S. dollars per liter. Gasoline is often regarded as a key driver of a country’s economy, as it is the main fuel used in passenger vehicles and the automotive fleets of small and large businesses. The United States is one of the biggest consumers of gasoline on a per capita basis, with approximately 356 gallons of gasoline per person in 2020. Fuel prices respond to crude oil price changes One of the liquid’s main ingredients is crude oil. The spot prices of publicly traded crudes, such as U.S.-sourced WTI (West Texas Intermediate), UK Brent, and the OPEC basket grades, are highly volatile and have proven prone to inflation as of late, most recently due to the novel coronavirus outbreak in China, blockages in the Suez Canal, and the Russian invasion of Ukraine. Where access to oil is limited, this volatility may spur a shift towards alternative propulsion systems and fuels among a growing number of vehicle drivers. Affordability of fuel Gas prices in Europe are counted among the highest worldwide. At 7.6 U.S. dollars per gallon or more, gasoline is particularly expensive in Iceland, Norway, Denmark, Greece, Finland, and the Netherlands. Car drivers in Mozambique and Madagascar feel the most pain at the pump. Some 145.7 percent of a month's wages are needed to fill up a tank in Mozambique. The low affordability of fuel is due to weak currencies, limited wage growth, and a level of prosperity that is yet to meet other markets' standards. The high price in countries such as the Netherlands and Norway is largely attributable to taxes. Other factors driving gas prices include local demand, processing and distribution costs, and the aforementioned level of crude oil prices.

The Norwegian oil and gas industry, a cornerstone of the nation's economy, is experiencing a period of dynamic transformation. While facing headwinds from global energy transition initiatives and fluctuating oil prices, the sector maintains a strong position driven by its significant reserves, advanced technological capabilities, and a skilled workforce. The market, with a 2025 market size estimated at $50 billion (based on a global market size and Norway's significant share), is projected to experience consistent growth, fueled by ongoing exploration and production activities, particularly in the North Sea. Key drivers include investments in offshore infrastructure modernization, exploration of new reserves, and increasing demand for natural gas, viewed as a transitional fuel source. However, the industry faces constraints such as stringent environmental regulations, increasing operational costs, and the need to adapt to a lower-carbon future. This necessitates a strategic shift towards sustainable practices, including carbon capture and storage (CCS) technologies and exploration of renewable energy resources. Major players like Equinor ASA, Aker BP ASA, and international giants like TotalEnergies and ConocoPhillips are actively involved in shaping this evolution, undertaking significant investments to navigate these challenges and capitalize on emerging opportunities. The segmentation of the Norwegian oil and gas market reveals a complex interplay of production, consumption, import, and export activities. Production analysis showcases the dominance of offshore platforms, with ongoing investments in maximizing output and efficiency. Consumption is largely influenced by domestic energy needs and industrial applications. Import and export analyses highlight Norway's role as a significant global supplier, with exports primarily targeting European markets. Price trend analysis reveals sensitivity to global commodity prices, geopolitical events, and fluctuating demand. The forecast period (2025-2033) anticipates continued growth, albeit at a moderated pace, reflective of both the inherent resilience of the industry and the increasing pressure for decarbonization. Regional analysis indicates the North Sea remains the core production area, with potential for future expansion dependent on successful exploration and regulatory approvals. Overall, the Norwegian oil and gas industry's future rests on adapting to the evolving global energy landscape while leveraging its strengths to maintain its economic significance and contribute to a sustainable energy future. Recent developments include: In March 2020, the Skogul field located in the central part of the Norwegian North Sea, operated by Aker BP had started production. The field is estimated to contain recoverable resources of 1.5 million standard cubic meters of oil (9.4 million bbls)., In December 2020, ConocoPhillips Skandinavia AS (operator) announced the discovery of a new oil discovery (wildcat well 6507/5-10 S) on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea. The well is estimated to have 12 to 32 million standard cubic meters (Sm3) of recoverable oil equivalent., In February 2021, Equinor discovered hydrocarbons near the Troll field in the North Sea. The wells (wildcat well 31/1-2 S, and appraisal well 31/1-2 A) were drilled about 10 kilometers northwest of the Troll field in the North Sea and 130 kilometers northwest of Bergen. Both wells are estimated to have 7 to 11 million Sm3 of recoverable oil equivalent.. Notable trends are: Development of New Oilfields to Drive the Market.

Norway's oil and gas extraction industry has recorded a producer price index of nearly *** index points in 2024, up from 100 in the base year 2021. In 2022, sales to foreign markets tended to lead to greater profits, as producer prices were generally higher. This development was a reflection of supply bottlenecks across much of continental Europe and the United Kingdom, Norway's greatest oil and gas trading partners.

The natural gas prices for household end users (including taxes, levies, and VAT) in Norway increased by 3.8 euro cents per kWh (+20.81%) in the second half of 2021. With 22.06 euro cents per kWh, the natural gas prices thereby reached their highest value in the observed period.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.

Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Solid Fuels data was reported at 3.500 Per 1000 in Jun 2018. This stayed constant from the previous number of 3.500 Per 1000 for May 2018. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Solid Fuels data is updated monthly, averaging 1.900 Per 1000 from Jan 1979 (Median) to Jun 2018, with 474 observations. The data reached an all-time high of 4.500 Per 1000 in Dec 2010 and a record low of 0.800 Per 1000 in Dec 2011. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Solid Fuels data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I013: Consumer Price Index: Weight.

Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Heat Energy data was reported at 0.600 Per 1000 in Jun 2018. This stayed constant from the previous number of 0.600 Per 1000 for May 2018. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Heat Energy data is updated monthly, averaging 0.200 Per 1000 from Aug 1987 (Median) to Jun 2018, with 371 observations. The data reached an all-time high of 0.700 Per 1000 in Dec 2013 and a record low of 0.100 Per 1000 in Dec 2010. Norway Consumer Price Index (CPI): Weight: HW: Electricity, Gas & Fuel: Heat Energy data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I013: Consumer Price Index: Weight.

Norway GDP: VA: Electricity, Gas and Steam data was reported at 23,805.000 NOK mn in Sep 2024. This records a decrease from the previous number of 28,351.000 NOK mn for Jun 2024. Norway GDP: VA: Electricity, Gas and Steam data is updated quarterly, averaging 7,272.000 NOK mn from Mar 1978 (Median) to Sep 2024, with 187 observations. The data reached an all-time high of 59,648.000 NOK mn in Dec 2022 and a record low of 1,262.000 NOK mn in Sep 1980. Norway GDP: VA: Electricity, Gas and Steam data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.A048: ESA 2010: GDP: by Industry: Current Price.

Prices for annual gas consumption for industry in Poland fluctuated slightly between 2008 and 2020. However, prices began to rise from the first half of 2021, reaching their peak in the second half of 2022 at more than *** euro cents per kilowatt hour. The lowest annual price for gas consumption occurred in 2016, at **** euros per kWh. In the first half of 2024, prices dropped to **** euro cents per kilowatt hour. Structure of natural gas supplies to Poland Gas purchases from abroad, in the amount of ***** TWh, were supplemented with gas from domestic sources in the amount of ** TWh. Total gas supplies from abroad in 2022 included imports and intra-Community acquisitions. Imports from the eastern direction, carried out under a long-term contract concluded between PGNiG S.A. and Gazprom, continued to account for a significant part of the total gas supplies from abroad. However, in 2022, the Polish government passed a resolution to terminate the agreement from 1993 with Gazprom on the supply of Russian gas to Poland. The consumption of natural gas in Poland increased between 2005 and 2022. Throughout 2023, PKN ORLEN (former PGNiG) imported approximately **** bn m3 of natural gas to Poland. Domestic production amounted to *** billion cubic meters. Structure of LNG supply to Poland PGNiG has successfully continued its strategy of becoming independent from one dominant supplier. In addition to the expansion of the LNG portfolio, the Company is preparing to start supplying the Polish market with gas produced on the Norwegian Continental Shelf, whose transport via the Baltic Pipe through the North Sea, Denmark, and the Baltic Sea will begin at the end of 2022. The construction of the LNG Terminal in Świnoujście was a positive investment from the standpoint of supply security, enabling gas supplies from global gas markets. This investment has contributed to a fundamental change in the country's gas energy mix, thanks to which currently *** of the country's gas consumption can be satisfied with LNG supplies. Thus, in 2023, imports from the East amounted to approximately *** billion cubic meters, compared to around **** billion m3 in 2016. LNG imports (from Qatar, Norway, and the USA) in 2023 increased and reached *** billion cubic meters (after regasification), compared to 2016 when about *** billion cubic meters of LNG was imported (after regasification).