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Gasoline fell to 2.08 USD/Gal on June 27, 2025, down 1.15% from the previous day. Over the past month, Gasoline's price has fallen 0.73%, and is down 17.13% 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.
Consumers in Central African Republic paid the highest price for gasoline in Africa as of April 2025. One liter of the fuel cost on average 1.9 U.S. dollars in the country. In Senegal, the retail price for gasoline octane-95 reached on average 1.71 U.S. dollars per liter, the second-highest on the continent. On the other hand, consumers living in traditional crude oil producers in Africa, such as Nigeria, Algeria, Angola, Libya, and Egypt spent less money on gasoline. For instance, one liter cost 0.03 U.S. dollar in Libya, among the cheapest in the world.
The average monthly price for natural gas in the United States amounted to **** 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 ** 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 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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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.
In Gasoline Fuel Market ,With Norway providing about a third of the UK's gas needs, the announcement emphasizes the strategic importance of the Norwegian partnership to the UK's energy security.
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Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.
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The average for 2016 based on 11 countries was 0.76 dollars. The highest value was in Singapore: 1.25 dollars and the lowest value was in Brunei: 0.37 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.
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Natural Gas: Average Commercial Price: Florida data was reported at 12.830 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 11.470 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Commercial Price: Florida data is updated monthly, averaging 10.700 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 433 observations. The data reached an all-time high of 18.830 USD/1000 Cub ft in Nov 2005 and a record low of 4.430 USD/1000 Cub ft in May 1992. Natural Gas: Average Commercial Price: Florida data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Yemen: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.92 dollars, an increase from 0.7 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Yemen from 1998 to 2016 is 0.4 dollars. The minimum value, 0.19 dollars, was reached in 2004 while the maximum of 0.92 dollars was recorded in 2016.
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China: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.96 dollars, a decline from 1.17 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for China from 1995 to 2016 is 0.74 dollars. The minimum value, 0.27 dollars, was reached in 1995 while the maximum of 1.37 dollars was recorded in 2012.
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Natural gas rose to 3.75 USD/MMBtu on June 27, 2025, up 6.24% from the previous day. Over the past month, Natural gas's price has risen 5.31%, and is up 44.02% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on June of 2025.
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Version: GOGI_V10_2This data was downloaded as a File Geodatabse from EDX at https://edx.netl.doe.gov/dataset/global-oil-gas-features-database. This data was developed using a combination of big data computing, custom search and data integration algorithms, and expert driven search to collect open oil and gas data resources worldwide. This approach identified over 380 data sets and integrated more than 4.8 million features into the GOGI database.Access the technical report describing how this database was produced using the following link: https://edx.netl.doe.gov/dataset/development-of-an-open-global-oil-and-gas-infrastructure-inventory-and-geodatabase” Acknowledgements: This work was funded under the Climate and Clean Air Coalition (CCAC) Oil and Gas Methane Science Studies. The studies are managed by United Nations Environment in collaboration with the Office of the Chief Scientist, Steven Hamburg of the Environmental Defense Fund. Funding was provided by the Environmental Defense Fund, OGCI Companies (Shell, BP, ENI, Petrobras, Repsol, Total, Equinor, CNPC, Saudi Aramco, Exxon, Oxy, Chevron, Pemex) and CCAC.Link to SourcePoint of Contact: Jennifer Bauer email:jennifer.bauer@netl.doe.govMichael D Sabbatino email:michael.sabbatino@netl.doe.gov
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Natural Gas: Average Commercial Price: Colorado data was reported at 8.240 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 8.410 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Colorado data is updated monthly, averaging 7.070 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.700 USD/1000 Cub ft in Sep 2022 and a record low of 3.320 USD/1000 Cub ft in Dec 1996. Natural Gas: Average Commercial Price: Colorado data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
On June 23, 2025, the Brent crude oil price stood at 70.98 U.S. dollars per barrel, compared to 68.51 U.S. dollars for WTI oil and 76.19 U.S. dollars for the OPEC basket. OPEC prices rose that week following expected supply constraints related to the Israel-Iran conflict.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (whereby a contract is agreed upon, while the product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.
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Global oil and gas production companies have gone through significant turbulence for most of the period. The pandemic and its accompanying lockdowns severely disrupted producers as revenue fell double digits and the industry's largest market, the transportation sector, was limited. This was quickly reversed as the economy opened and supply outpaced demand, causing prices to skyrocket. High prices, accompanied by swelling production, led to surging revenue. While prices eventually came back down late in the period, they remained high. Overall revenue has pushed up at a CAGR of 6.0% to $4.2 trillion through the end of 2024, including a slight 1.9% uptick in 2024 alone. Profit also surged as purchase costs came down. Emerging markets in BRIC nations, Southeast Asia and Africa continue to drive growth because of rapid industrialization and population increases, heightening the need for crude oil, natural gas and related downstream products. Even so, the gradual shift toward renewable energy poses challenges for producers, as many countries have implemented regulations and incentives to promote clean energy use. Geopolitical tensions and the uncertainties stemming from the global pandemic underscore the importance of diversifying supply sources to ensure energy security. Overall, industry revenue is set to push down at a CAGR of 3.6% to $3.5 trillion through the end of 2029. The bulk of this period will be highlighted by more efforts in oil and gas exploration and production in emerging markets, potentially transforming these regions into major global producers. Even so, the excess supply of oil and gas, combined with the push for sustainability, will drive prices down, leading to revenue contractions.
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Global Fuel Oil market size is expected to reach $201.39 billion by 2029 at 3.8%, segmented as by heavy fuel oil, marine fuel oil, industrial fuel oil, power generation fuel oil
Oil is the most consumed primary energy fuel in the world. In 2023, some 196.43 exajoules worth of oil were consumed. That year, the consumption of fossil fuels registered an increase compared to the previous year. Rising demand for fossil fuels Demand for fossil fuels has remained high, as overall primary energy demand continues to increase. Excluding the effects of the coronavirus pandemic, the use of oil has consistently grown each year. Consumption of other non-renewable fuel types has been more varied. Global natural gas consumption has risen more or less consistently. Its properties as a less carbon-intensive fossil fuel than coal have led to an increase in its use in the power sector, overtaking coal use in major economies such as the United States. Fossil fuels by region The U.S. is the leading natural gas consuming country in the world, as well as the largest producer of this fossil fuel and of crude oil. Russia, China, and the Middle Eastern region follow, as they have either the richest reserves of these raw materials or account for the largest refining capacity.
Global Fuel S A Company Export Import Records. Follow the Eximpedia platform for HS code, importer-exporter records, and customs shipment details.
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Stay updated with Market Research Intellect's Fuel Management Systems Market Report, valued at USD 3.5 billion in 2024, projected to reach USD 6.8 billion by 2033 with a CAGR of 8.2% (2026-2033).
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Indonesia Retail Price: Fuel: Gasoline 90 (Pertalite) data was reported at 7,650.000 IDR/l in Mar 2019. This stayed constant from the previous number of 7,650.000 IDR/l for Feb 2019. Indonesia Retail Price: Fuel: Gasoline 90 (Pertalite) data is updated monthly, averaging 7,600.000 IDR/l from Jul 2015 (Median) to Mar 2019, with 45 observations. The data reached an all-time high of 8,400.000 IDR/l in Aug 2015 and a record low of 6,900.000 IDR/l in Nov 2016. Indonesia Retail Price: Fuel: Gasoline 90 (Pertalite) data remains active status in CEIC and is reported by Pertamina. The data is categorized under Global Database’s Indonesia – Table ID.PC001: Retail Price: By Major Commodities. Competitive price of oil & gas stations in Jakarta only Harga kompetitif stasiun pengisian bahan bakar umum (SPBU) di Jakarta.
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Gasoline fell to 2.08 USD/Gal on June 27, 2025, down 1.15% from the previous day. Over the past month, Gasoline's price has fallen 0.73%, and is down 17.13% 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.