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Gasoline rose to 2.10 USD/Gal on August 20, 2025, up 0.20% from the previous day. Over the past month, Gasoline's price has fallen 1.48%, and is down 4.59% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on August of 2025.
The 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.
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Natural gas fell to 2.82 USD/MMBtu on August 18, 2025, down 3.50% from the previous day. Over the past month, Natural gas's price has fallen 15.21%, but it is still 26.14% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on August of 2025.
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United Kingdom BOE Forecast: Gas Prices data was reported at 60.000 0.01 GBP/Therm in 2021. This records a decrease from the previous number of 61.000 0.01 GBP/Therm for 2020. United Kingdom BOE Forecast: Gas Prices data is updated yearly, averaging 56.500 0.01 GBP/Therm from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 71.000 0.01 GBP/Therm in 2018 and a record low of 37.000 0.01 GBP/Therm in 2015. United Kingdom BOE Forecast: Gas Prices data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.P009: Crude Oil and Gas Prices: Forecast.
Natural gas production in Italy was around *** billion cubic meters in 2021. However, the domestic production of this fossil fuel was projected to increase to *** billion cubic meters by 2025 and to ***** in the following years. In the past years, natural gas production in Italy decreased from over ***** billion cubic meters in 2012.
Behind this forecast This 2022 forecast was made after the decision of the Italian government to increase the number of natural gas drilling sites in the country. Over the last decades, the number of onshore and offshore natural gas producing wells decreased by half, but this trend is expected to be reversed. Natural gas has a key role in the decarbonization strategy of Italy, since it is the fossil fuel with the lowest carbon dioxide emission per kilowatt-hour of energy produced. Besides environmental reasons, driving the Italian energy policy is the current energy crisis. In 2022, Italy was still strongly reliant on natural gas supply from other countries, mainly Algeria, which replaced Russian imports of natural gas.
Natural gas prices The natural gas price for households in Italy reached an all-time high in 2022. After a small decrease, the price is expected to increase again because of the lack of flexibility in Algerian natural gas exports and the start of winter. Even though Italian natural gas storage facilities were over ** percent full in autumn 2022, no policy regulates the supply of natural gas from Italian reserves.
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UK Gas rose to 77.10 GBp/thm on August 20, 2025, up 0.37% from the previous day. Over the past month, UK Gas's price has fallen 3.18%, and is down 13.63% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on August of 2025.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 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 ** 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 ** 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 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on August 18, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline remained unchanged that week, while diesel prices decreased. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.
The global fuel energy price index stood at 166.79 index points in May 2025, up from 100 in the base year 2016. Figures increased that month due to greater demand for motor fuels and cooling. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.
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Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in July. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Discover how U.S. gasoline prices have hit their lowest levels since 2021 just in time for the July Fourth holiday, saving Americans millions. Learn about the factors behind this drop and future predictions.
The floating liquefied natural gas market share is expected to increase by USD 4.68 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.12%.
This floating liquefied natural gas market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers floating liquefied natural gas market segmentations by processing capacity (large-scale capacity and small-scale capacity) and geography (North America, Europe, APAC, South America, and MEA). The floating liquefied natural gas market report also offers information on several market vendors, including Black & Veatch Holding Co., Eni Spa , Excelerate Energy LP, EXMAR NV, Golar LNG Ltd., Lloyds Energy DMCC, Petroliam Nasional Berhad , Royal Dutch Shell Plc, Samsung Heavy Industries Co. Ltd., and TechnipFMC Plc among others.
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Floating Liquefied Natural Gas Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rising global oil and gas consumption is notably driving the floating liquefied natural gas market growth, although factors such as fluctuations in oil and gas prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the floating liquefied natural gas industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Floating Liquefied Natural Gas Market Driver
Rising global oil and gas consumption is one of the key factors driving the growth of the global floating liquefied natural gas market. Liquid fuel consumption across the globe, especially in emerging economies such as India, China, and Brazil, is expected to grow, owing to the increasing demand for vehicles and a rise in the consumption of petrochemicals. For instance, according to the US Energy Information Administration (EIA), in 2019, the production of petroleum and other liquid fuels in Brazil averaged 3.7 million barrels per day (b/d). Similarly, natural gas consumption has also seen a rise in the last ten years. According to the US Energy Information Administration (EIA), global natural gas consumption increased significantly in 2019. Natural gas has witnessed a higher rise in consumption than oil due to the increasing adoption of natural gas as a fuel. Also, with the increased consumption of fuel from developing economies such as India and China, the demand for LNG is likely to propel during the forecast period, thereby increasing the demand for FLNG projects during the forecast period.
Key Floating Liquefied Natural Gas Market Trend
The rise in the number of deepwater and ultra-deepwater drilling projects will fuel the global floating liquefied natural gas market growth. As per the US Energy Information Administration, the oil shock resulted in the decline of crude oil prices in early 2020 due to the COVID-19 pandemic, which was one of the lowest since 2003. Also, the prices of the rigs were reduced due to the fewer number of ongoing projects in the oil and gas industry. Sensing profit through low rig rates, some companies are resuming their offshore projects. FLNG vessels provide the advantages of reduced investments and earlier cash flow compared with fixed platforms. The advantages of FLNG vessels make them ideal for offshore activities. Deepwater and ultra-deepwater projects are also far from the mainland; hence, laying an extensive oil and gas pipeline network to transfer the produced hydrocarbons to onshore facilities is too costly. Therefore, FLNG vessels are economical for deepwater and ultra-deepwater projects, as these vessels can treat, liquefy, and store the natural gas extracted from offshore fields. Operators sell the LNG directly from the vessel and generate revenues. Advances in technology allowed exploring gas reserves that were initially uneconomical. This is likely to drive the global FLNG market during the forecast period.
Key Floating Liquefied Natural Gas Market Challenge
Fluctuations in oil and gas prices are major challenges for the global floating liquefied natural gas market growth. The continued trend of low crude oil prices has put additional pressure on the oil and gas service providers. Low-profit margins for a continued period result in reduced revenues, which directly influence the financial aspect of a company. The market potential for oil and gas service businesses has declined due to the low investments in oil and gas
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TTF Gas rose to 31.38 EUR/MWh on August 20, 2025, up 0.50% from the previous day. Over the past month, TTF Gas's price has fallen 5.35%, and is down 15.69% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on August of 2025.
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Gasoline Prices in Germany decreased to 2.02 USD/Liter in July from 2.06 USD/Liter in June 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.
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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.
US Gasoline Market Size 2023-2027
The US gasoline market size is forecast to decrease by -258 mn L, at a CAGR of -4.18% between 2022 and 2027.
The Gasoline Market in the US is driven by the increasing number of automobiles and the rise in oil and gas production. These factors contribute to the market's growth, as the demand for gasoline continues to escalate. However, the market faces challenges due to the fluctuation in prices of gasoline. This volatility can significantly impact market dynamics, making it essential for companies to navigate these price swings effectively. The oil industry's production levels, geopolitical tensions, and economic conditions are key factors influencing gasoline prices.
To capitalize on market opportunities and mitigate challenges, companies must adopt strategic initiatives such as price differentiation, supply chain optimization, and innovation in fuel efficiency technologies. By staying agile and responsive to market trends and price fluctuations, market participants can effectively position themselves for long-term success in the Gasoline Market.
What will be the size of the US Gasoline Market during the forecast period?
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The gasoline market in the US is influenced by various factors, including the composition of gasoline, energy policy impact, fuel additives chemistry, and fuel demand forecasting. The refining process of crude oil plays a significant role in producing high-quality gasoline that meets consumer preferences and regulatory requirements. Gasoline pricing models are shaped by the cost of crude oil, production process, and fuel market analysis. Fuel blending technology and gasoline quality assurance are crucial in optimizing engine performance and reducing emissions. Innovations in engine performance optimization and emissions reduction technologies continue to shape the gasoline industry. Fuel efficiency optimization and fuel policy analysis are essential in assessing the environmental impact of gasoline use.
The future of gasoline involves research into fuel alternatives, such as renewable fuels, and the development of new testing methods for fuel quality assessment. The use of fuel additives and their chemistry plays a vital role in enhancing fuel performance and reducing emissions. The gasoline industry remains dynamic, with ongoing efforts to improve fuel production processes and respond to changing consumer preferences and regulatory requirements.
How is this market segmented?
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
North America
US
By Type Insights
The regular segment is estimated to witness significant growth during the forecast period.
The US gasoline market is a significant sector within the global energy industry, shaped by various factors including consumer behavior, climate change, and technological advancements. Regular gasoline, a hydrocarbon mixture derived from crude oil, is the most commonly used fuel for standard internal combustion engines. It typically contains around 10% ethanol for octane enhancement, with an octane rating of 87 or 88. Higher-performance engines may require higher-octane fuels to prevent engine damage from knocking or pinging. The petroleum industry's refining process produces regular gasoline, which is distributed through an extensive pipeline infrastructure to retailers. Gasoline retailing involves marketing and selling the fuel to consumers, with prices influenced by factors such as crude oil prices, taxes, and regional variations.
Government regulations play a crucial role in the gasoline market, with emissions standards and fuel efficiency requirements driving innovation in fuel technology. Alternative fuels, such as ethanol blends, renewable fuels, and electric vehicles, are gaining popularity due to their environmental benefits and potential to reduce carbon emissions. Fuel efficiency standards, such as Corporate Average Fuel Economy (CAFE) regulations, have led to advancements in engine performance and fuel economy. Fuel additives, including biofuel additives and octane enhancers, are used to improve fuel quality and performance. Geopolitical influences and fuel volatility can impact the gasoline market, with supply chain disruptions and price fluctuations affecting both domestic and international markets.
The energy sector's transition towards sustainable fuels and decarbonization is also shaping the future of the gasoline market. Regular gasoline remains widely available and a
In June 2025, one gallon of diesel cost an average of 3.6 U.S. dollars in the United States. That was an increase compared to the month prior, but lower than prices in June 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines and, as such, tend to be used for large commercial vehicles.
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Gasoline Prices in Russia decreased to 0.76 USD/Liter in July from 0.79 USD/Liter in June of 2025. This dataset provides the latest reported value for - Russia 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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United States Natural Gas: Spot Price: Henry Hub-I data was reported at 3.260 USD/MN BTU in 05 May 2025. This records an increase from the previous number of 3.100 USD/MN BTU for 02 May 2025. United States Natural Gas: Spot Price: Henry Hub-I data is updated daily, averaging 2.930 USD/MN BTU from Jan 1997 (Median) to 05 May 2025, with 7145 observations. The data reached an all-time high of 23.860 USD/MN BTU in 17 Feb 2021 and a record low of 1.210 USD/MN BTU in 11 Nov 2024. United States Natural Gas: Spot Price: Henry Hub-I data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under World Trend Plus’s Commodity Market – Table US.P026: Petroleum Spot Price: Energy Information Administration. Previously named as Henry Hub Released once a week (every Wednesday) with data from Wednesday to Friday of the previous week up to Tuesday of the current week. If Wednesday falls on a holiday, the data will be released on the next business day. Price spike on Feb 11 to 18, 2021 data was caused by the effect of decline in natural gas production brought about by the cold wave experienced during the month. Price spike on Jan 12, 2024 data was caused by the anticipation of increased natural gas consumption because of the weather forecast for well-below-normal temperatures for most of the United States over the long weekend. [COVID-19-IMPACT]
The butane market share is expected to increase by USD 12.75 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3.45%.
This butane market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers butane market segmentation by application (LPG, petrochemicals, refineries, and others) and geography (APAC, MEA, North America, Europe, and South America). The butane market report also offers information on several market vendors, including BP Plc, Chevron Corp., China Petroleum and Chemical Corp., ConocoPhillips Co., Exxon Mobil Corp., LAIR LIQUIDE SA, Linde Plc, Royal Dutch Shell Plc, TotalEnergies SE, and Valero Energy Corp. among others.
What will the Butane Market Size be During the Forecast Period?
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Butane Market: Key Drivers, Trends, and Challenges
The advantages of LPG as auto fuel over conventional fuels are notably driving the butane market growth, although factors such as fluctuation in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the butane industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Butane Market Driver
The increasing demand for LPG will drive the butane market growth during 2021-2025. Vehicular emission is one of the major sources of air pollution, specifically in urban areas. To reduce pollution, many governments encourage the use of environment-friendly alternative fuels such as LPG. The LPG-driven vehicles provide mileage better than petrol vehicles with the same mass of fuel. Additionally, these vehicles have a comparatively lower maintenance cost than petrol and diesel-driven vehicles. The switching of normal cars to LPG-driven cars involves a certain initial cost but the running cost of LPG-driven vehicles has proven to be much lower than vehicles driven by petrol or diesel in many regions, and also depends on the government policies prevalent in the region.
Key Butane Market Trend
Rapid industrialization in BRICS will influence the market growth during 2021-2025. Industrialization in Brazil, Russia, India, China, and South Africa (BRICS) economies is accelerating the demand for minerals and chemicals. For instance, in October 2020, Brazilian oil producer Enauta Participacoes SA had a budget to invest 2 billion reais ($356 million) in restoring its portfolio and acquiring new fields. Enauta produces 15,000 barrels of equivalent oil per day in the third quarter, including natural gas, from its stake at the Manati field. Such investments in the petroleum industry will benefit the global butane market as the demand for butane is directly proportional to the production of natural gas. Currently, investments and economic growth in developed countries are saturated, which is encouraging investors to establish their manufacturing bases in developing countries and target their markets. The growing rate of industrialization worldwide is expected to accelerate the demand for diversified chemicals, as they are widely used as process chemicals in various manufacturing processes. Thus, industrialization and urbanization are expected to drive the demand for various diversified chemicals in developing countries, which is likely to support the growth of the global diversified chemicals industry and thus the global butane market.
Key Butane Market Challenge
Logistical concern related to hazardous chemicals is a major hindrance to the butane market growth. Safe transportation of hazardous chemicals such as butane across the globe is one of the biggest concerns. A boom in the chemical industry has led to an increase in the safety concerns of chemical logistics as freight traffic has witnessed a sharp increase. The shortage of untrained professionals for handling packaging and transportation of hazardous chemicals and the lack of awareness about new and emerging trends and technologies are some of the major drawbacks witnessed globally. Hydrocarbon gas liquids (HGL) that are extracted from natural gas at petroleum refineries are transported as separate HGL purity products or as liquids in mixtures of HGL through pipelines, trucks, ships, and rail cars, and barges. Propane and normal butane can be transported through LPG pipelines or in batches as purity products. These pipelines are also used to transport other kinds of petroleum products. In addition, poor storage infrastructure, which includes warehouses that are not leakproof, ill-equipped with security systems, and without adequate warehousing facilities hampers the market
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Gasoline rose to 2.10 USD/Gal on August 20, 2025, up 0.20% from the previous day. Over the past month, Gasoline's price has fallen 1.48%, and is down 4.59% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on August of 2025.