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.

Beginning in 2005, the Division of Community and Regional Affairs began collecting prices of heating fuel and unleaded gasoline in 100 select communities. The communities have remained constant since the project’s inception. The prices for unleaded gasoline in these 100 communities are collected via a telephone survey of each fuel retailer and reflect an “at the pump” price per gallon (including tax) on the day of contact. The survey is generally conducted once during the summer and once during the winter in any given year.

The average retail price for regular, unleaded gasoline at self-service stations in Canada was ***** Canadian cents per liter in June 2025. This was a decrease compared to the previous month. Canada's gasoline prices are generally higher than those in the United States but lower than in many European countries. Why do gasoline prices fluctuate? Crude oil prices, along with changing levels of consumer demand, are the two main factors which directly affect retail prices of motor fuels. Prices can witness a rapid increase or decrease depending on impacts on crude oil supplies, refinery operations, or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect retail prices. As a large oil producer, Canada's motor fuel prices are closely linked to its benchmark Western Canadian Select crude oil price. Gasoline refining capacities As of January 2024, the global gasoline refining capacity amounted to *** million barrels per day. The United States and Canada were the region with the largest gasoline refining capacity at *** million barrels per day. Much of this refining capacity is located in the United States, specifically.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-07-28 about gas, commodities, and USA.

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.

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

Natural gas rose to 3.09 USD/MMBtu on August 1, 2025, up 0.10% from the previous day. Over the past month, Natural gas's price has fallen 11.31%, but it is still 57.26% 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.

Chile Fuel Prices: Concession Networks: Intergas (Region VIII) data was reported at 28,967.000 USD in Apr 2019. This stayed constant from the previous number of 28,967.000 USD for Mar 2019. Chile Fuel Prices: Concession Networks: Intergas (Region VIII) data is updated monthly, averaging 24,133.000 USD from Feb 2015 (Median) to Apr 2019, with 51 observations. The data reached an all-time high of 28,967.000 USD in Apr 2019 and a record low of 21,792.000 USD in Dec 2016. Chile Fuel Prices: Concession Networks: Intergas (Region VIII) data remains active status in CEIC and is reported by National Commission of Energy. The data is categorized under Global Database’s Chile – Table CL.P009: Gas Price for Concessioned Networks.

Saudi Arabia Fuel Prices: Retail: Gasoline 91 data was reported at 2.180 SAR/l in Apr 2025. This stayed constant from the previous number of 2.180 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data is updated monthly, averaging 2.180 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 2.180 SAR/l in Apr 2025 and a record low of 1.290 SAR/l in Jul 2020. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]

This dataset presents price growth forecasts for conventional energy sources. It should be noted that the Ministry of Economy forecasts a more than two-fold increase in oil prices (although these forecasts may be greatly underestimated) over 23 years, an almost two-fold increase in natural gas prices and a 40% increase in coal prices.

The global gasoline and fuel market, valued at $1.85 billion in 2025, is projected to experience steady growth, driven primarily by the continued reliance on internal combustion engine vehicles, particularly in developing economies experiencing rapid motorization. While the Compound Annual Growth Rate (CAGR) of 1.06% suggests a moderate expansion, this figure likely underrepresents the market's dynamism, as it doesn't account for fluctuating oil prices and evolving geopolitical landscapes. Significant growth drivers include the increasing demand from transportation sectors (both passenger and commercial vehicles), power generation in regions with limited access to renewable energy, and the continued use of gasoline in other applications such as machinery and equipment. However, restraining factors include the rising adoption of electric vehicles (EVs), government regulations promoting cleaner energy sources, and the intermittent fluctuations in global crude oil prices that impact fuel costs and availability. The market segmentation reveals that transportation holds the largest share, closely followed by power generation, with 'others' representing a smaller but still significant portion. Major players, including Chevron, ExxonMobil, PetroChina, and others, are strategically navigating these dynamics through investments in renewable energy and efficiency improvements in fuel production and distribution, while also adapting to the growing EV market. The geographical distribution of the market reflects established economic patterns. North America and Asia Pacific (particularly China and India) represent significant market segments, fueled by high vehicle ownership rates and energy demands in rapidly industrializing regions. Europe, while showing relatively mature markets, continues to contribute substantially. South America and the Middle East & Africa represent markets with varying growth potentials, influenced by their specific economic conditions and energy policies. Future growth will depend critically on the balance between increasing vehicle ownership and the global shift toward electric and alternative fuel vehicles, coupled with the ongoing influence of energy policies and geopolitical factors on global oil prices. While a relatively low CAGR is projected, specific regional markets and segments within the industry are likely to show more pronounced variations in growth rates, creating opportunities for strategic market players. Recent developments include: In October 2023, Aramco and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a first-of-its-kind synthetic electro-fuel (e-fuel) demonstration plant aimed to display technological feasibility and commercial viability by developing thirty five barrels per day of low-carbon, synthetic gasoline from renewable-based hydrogen and captured carbon dioxide (CO2)., In July 2022, the U.S. Department of Energy (DOE) announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR). This contract awards are part announcement of president to release one million barrels of crude oil a day for six months to address the significant global supply disruption caused by Russia-Ukraine war.. Key drivers for this market are: 4., Rising Adoption of Automobiles such as Passenger Cars, Motorcycles Across the World4.; Easy Availability of Gasoline. Potential restraints include: 4., Rising Adoption of Automobiles such as Passenger Cars, Motorcycles Across the World4.; Easy Availability of Gasoline. Notable trends are: Transportation Segment is Expected to Dominate in the Market.

Gasoline Prices in Vietnam decreased to 0.73 USD/Liter in July from 0.80 USD/Liter in June of 2025. This dataset provides the latest reported value for - Vietnam Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2024, diesel prices in Poland decreased compared to the previous year, amounting to **** euros per liter. Causes of fuel price fluctuations in Poland in 2018 The increase in fuel prices in Poland was mainly influenced by changes in the international oil and fuel markets and by changes in the exchange rate of the Polish currency to the U.S. dollar. The strengthening of the zloty's exchange rate to the dollar slowed down the scale of price rises for Polish fuel consumers. In 2018, the international situation did not ensure stable prices on the market. Waiting for the introduction of oil sanctions against Iran, a possible trade war between the U.S. and China, or information about a potential further reduction in oil production by OPEC+ countries resulted in rising oil prices in global markets. As soon as it became clear that neither sanctions on Iran nor restrictions on oil production affected the supply of crude oil on the world market as expected, prices on the markets started to fall. Nevertheless, drivers and transport companies have not benefited from the rising average annual prices, although state VAT revenues have increased significantly. Higher sales of liquid fuels, rising prices, and an increase in the number of cars on Polish roads have also resulted in additional income for Polish oil companies. Biofuel market in Poland Transport is the sector that accounts for one of the most significant shares of total carbon dioxide emissions from fuel combustion. Complete replacement of oil in transport is possible but costly. The data show that the consumption of biodiesel in transport is higher every year, and, like energy, transportation has a mandatory target for Renewable Energy Systems in 2020. The dominant renewable energy source in transport is biodiesel, followed by bioethanol and renewable electricity in rail transport. The average EU share of RES in transport is over * percent, while in Poland, it is steadily growing, reaching nearly * percent in 2018.

New York Energy Prices presents retail energy price data. Energy prices are provided by fuel type in nominal dollars per million Btu for the residential, commercial, industrial, and transportation sectors. This section includes a column in the price table displaying gross domestic product (GDP) price deflators for converting nominal (current year) dollars to constant (real) dollars. To convert nominal to constant dollars, divide the nominal energy price by the GDP price deflator for that particular year. Historical petroleum, electricity, coal, and natural gas prices were compiled primarily from the Energy Information Administration. How does your organization use this dataset? What other NYSERDA or energy-related datasets would you like to see on Open NY? Let us know by emailing OpenNY@nyserda.ny.gov.

Usage Price: Natural Gas for Industry: Xian data was reported at 3.370 RMB/Cub m in Mar 2025. This stayed constant from the previous number of 3.370 RMB/Cub m for Feb 2025. Usage Price: Natural Gas for Industry: Xian data is updated monthly, averaging 2.300 RMB/Cub m from Jan 2003 (Median) to Mar 2025, with 263 observations. The data reached an all-time high of 3.490 RMB/Cub m in Mar 2024 and a record low of 1.600 RMB/Cub m in Feb 2006. Usage Price: Natural Gas for Industry: Xian data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gas Price: 36 City.

Chile Fuel Prices: Concession Networks: Lipigas (Region II) data was reported at 28,885.000 USD in Apr 2019. This stayed constant from the previous number of 28,885.000 USD for Mar 2019. Chile Fuel Prices: Concession Networks: Lipigas (Region II) data is updated monthly, averaging 12,464.000 USD from Feb 2015 (Median) to Apr 2019, with 51 observations. The data reached an all-time high of 28,885.000 USD in Apr 2019 and a record low of 10,312.000 USD in Jan 2017. Chile Fuel Prices: Concession Networks: Lipigas (Region II) data remains active status in CEIC and is reported by National Commission of Energy. The data is categorized under Global Database’s Chile – Table CL.P009: Gas Price for Concessioned Networks.

Explore the growth projections for the wood fuel market in Europe, with an expected increase in consumption over the next decade. By 2035, the market volume is forecasted to reach 198M cubic meters, valued at $18.8B.

CN: Usage Price: Coal Gas for Industry: Tianjin data was reported at 1.200 RMB/Cub m in Apr 2014. This stayed constant from the previous number of 1.200 RMB/Cub m for Mar 2014. CN: Usage Price: Coal Gas for Industry: Tianjin data is updated monthly, averaging 1.200 RMB/Cub m from Jan 2003 (Median) to Apr 2014, with 133 observations. The data reached an all-time high of 1.200 RMB/Cub m in Apr 2014 and a record low of 1.000 RMB/Cub m in Mar 2003. CN: Usage Price: Coal Gas for Industry: Tianjin data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gas Price: 36 City.

Oil and Gas Storage Service Market Outlook

The global oil and gas storage service market is projected to witness significant growth over the forecast period from 2024 to 2032. In 2023, the market size was estimated to be USD 8.2 billion, and according to a compound annual growth rate (CAGR) of 6.5%, it is forecasted to reach approximately USD 14.4 billion by 2032. This impressive growth trajectory is driven by several factors, including the increasing demand for energy security, strategic petroleum reserves, and the expansion of infrastructure to support fluctuating energy needs. As the global energy landscape evolves, the need for efficient and reliable storage solutions becomes increasingly critical.

One of the primary growth factors for the oil and gas storage service market is the increasing energy consumption worldwide. As global economies expand, the demand for energy, particularly oil and gas, continues to rise, necessitating robust storage solutions to manage supply fluctuations and ensure a steady supply chain. Moreover, geopolitical tensions and trade dynamics significantly influence oil and gas prices, further emphasizing the need for strategic reserves and storage capacity to stabilize markets and mitigate supply risks. This necessity drives investments into storage infrastructure, propelling market growth. Additionally, technological advancements in storage solutions, such as digital monitoring and automation, enhance efficiency and reliability, thus attracting more stakeholders into the market.

Another crucial factor contributing to the growth of the oil and gas storage service market is the shift towards a more sustainable energy ecosystem. Governments and organizations worldwide are increasingly focusing on reducing carbon footprints, promoting the use of cleaner fuels, and ensuring efficient energy utilization. These initiatives require substantial investments in storage technology to optimize supply chains, reduce waste, and improve energy efficiency. Furthermore, the increased focus on natural gas as a transition fuel in the energy mix requires robust storage solutions to accommodate the rising production and consumption levels, thereby fueling market expansion.

The expansion of global trade and commerce also significantly impacts the oil and gas storage service market. As international trade networks become more interconnected, the complexity of supply chains increases, necessitating more sophisticated storage solutions. This growth is further amplified by the strategic importance of oil and gas reserves in ensuring energy security and economic stability. Countries are investing in storage facilities to manage their reserves better, provide a buffer against supply disruptions, and stabilize domestic markets. Moreover, the emergence of new oil and gas exploration sites, particularly in remote and challenging environments, demands advanced storage solutions to manage logistics and distribution effectively, thus driving market growth.

The role of a Commercial Oil Depot in the oil and gas storage service market cannot be understated. These facilities serve as critical nodes in the supply chain, providing essential storage capacity for crude oil and refined products. As global trade intensifies, the strategic placement of commercial oil depots becomes increasingly important to ensure the timely distribution of energy resources. These depots not only facilitate the efficient movement of oil products but also play a pivotal role in stabilizing market prices by acting as buffers against supply disruptions. With advancements in storage technology, commercial oil depots are now equipped with state-of-the-art monitoring systems that enhance operational efficiency and safety, making them indispensable assets in the global energy infrastructure.

Regionally, North America and the Middle East & Africa are expected to be the most significant contributors to the oil and gas storage service market. North America's growth can be attributed to its advanced infrastructure, technological innovations, and an increasing focus on energy independence. The strategic importance of the region's energy reserves, coupled with government policies aimed at enhancing energy security, further supports market expansion. In the Middle East & Africa, abundant hydrocarbon resources and substantial investments in infrastructure development drive the market. Moreover, Asia Pacific is anticipated to witness substantial growth as well, driven by rapid industrialization, increasing energy demand, and the development of strategic

Switzerland Gasoline Price: Value: Unleaded 95 data was reported at 1.720 CHF/l in Apr 2025. This stayed constant from the previous number of 1.720 CHF/l for Mar 2025. Switzerland Gasoline Price: Value: Unleaded 95 data is updated monthly, averaging 1.515 CHF/l from Jan 1993 (Median) to Apr 2025, with 388 observations. The data reached an all-time high of 2.250 CHF/l in Jun 2022 and a record low of 0.960 CHF/l in Feb 1993. Switzerland Gasoline Price: Value: Unleaded 95 data remains active status in CEIC and is reported by Swiss Federal Statistical Office. The data is categorized under Global Database’s Switzerland – Table CH.P002: Fuel Prices.