Gasoline fell to 2.07 USD/Gal on August 8, 2025, down 0.17% from the previous day. Over the past month, Gasoline's price has fallen 5.57%, and is down 13.70% 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.

Natural gas fell to 3 USD/MMBtu on August 8, 2025, down 2.33% from the previous day. Over the past month, Natural gas's price has fallen 6.80%, but it is still 39.78% 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.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Gas Fuels (WPU053) from Jan 1958 to Jun 2025 about fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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.

UK Gas fell to 78.82 GBp/thm on August 8, 2025, down 2.74% from the previous day. Over the past month, UK Gas's price has fallen 3.91%, and is down 19.51% 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.

This statistic shows the stock prices of selected oil and gas commodities from January 2, 2020 to February 4, 2025. After the Russian invasion of Ukraine in February 2022, energy prices climbed significantly. The highest increase can be observed for natural gas, whose price peaked in August and September 2022. By the beginning of 2023, natural gas price started to decline.

TTF Gas fell to 32.16 EUR/MWh on August 8, 2025, down 2.54% from the previous day. Over the past month, TTF Gas's price has fallen 6.24%, and is down 19.70% 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.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Industrial Natural Gas (WPU05532101) from Jul 1991 to Jun 2025 about fuels, gas, commodities, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGM) from Sep 1990 to Jul 2025 about gas, commodities, and USA.

Natural gas prices decreased across all major regions in 2024, as supply caught up to higher demand. In Japan, LNG sold for an average of **** nominal U.S. dollars per million British thermal units. Meanwhile, the United States, as the largest natural gas producer worldwide, has significantly lower prices for the fossil fuel. The U.S. has had lower natural gas prices than Europe for much of the past four decades. LNG on the rise LNG is expected to shape much of future natural gas trade. Although pipelines have been the preferred method of transportation for many decades, as Europe shifts away from Russia as its main gas supplier, LNG has become more in demand. The global LNG trade volume has already exceeded *** billion cubic meters per year, and is expected to continue growing. Countries in Asia have some of the highest landed prices for liquefied natural gas worldwide. Natural gas benchmarks Some of the most closely followed natural gas price benchmarks are the U.S. Henry Hub and the Dutch TTF. The former is an important indicator of the state of the natural gas industry in the U.S., while the latter reflects natural gas market developments in Europe and potential repercussions for consumers.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Unleaded Regular Gasoline (WPU05710404) from Jun 2002 to Jun 2025 about fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data was reported at 5.100 % in Feb 2013. This stayed constant from the previous number of 5.100 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data is updated monthly, averaging 5.100 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 6.500 % in Aug 2009 and a record low of 5.100 % in Feb 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Japan Commodity Futures: Volume: Average: Gasoline data was reported at 3,221.000 Lot in Jun 2018. This records an increase from the previous number of 2,981.000 Lot for May 2018. Japan Commodity Futures: Volume: Average: Gasoline data is updated monthly, averaging 12,100.500 Lot from Jan 2000 (Median) to Jun 2018, with 222 observations. The data reached an all-time high of 131,167.000 Lot in Aug 2003 and a record low of 2,204.000 Lot in Apr 2017. Japan Commodity Futures: Volume: Average: Gasoline data remains active status in CEIC and is reported by The Tokyo Commodity Exchange. The data is categorized under Global Database’s Japan – Table JP.Z017: Commodity Futures.

Crude Oil fell to 64.33 USD/Bbl on August 7, 2025, down 0.03% from the previous day. Over the past month, Crude Oil's price has fallen 5.86%, and is down 15.57% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on August of 2025.

Indonesia Retail Price: Fuel: Gasoline 88 (Premium) data was reported at 6,550.000 IDR/l in Mar 2019. This stayed constant from the previous number of 6,550.000 IDR/l for Feb 2019. Indonesia Retail Price: Fuel: Gasoline 88 (Premium) data is updated monthly, averaging 6,550.000 IDR/l from Jan 2015 (Median) to Mar 2019, with 51 observations. The data reached an all-time high of 7,400.000 IDR/l in Dec 2015 and a record low of 6,550.000 IDR/l in Mar 2019. Indonesia Retail Price: Fuel: Gasoline 88 (Premium) 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 minyak & gas (SPBU) di Jakarta.

Natural gas prices (US) in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 2.41 USD per million British thermal units with a minimum of 0.14 USD per million British thermal units in January 1960 and a maximum of 13.52 USD per million British thermal units in October 2005. | TheGlobalEconomy.com

Germany Natural Gas THE fell to 34.82 EUR/MWh on July 18, 2025, down 2.24% from the previous day. Over the past month, Germany Natural Gas THE's price has fallen 18.18%, but it is still 8.18% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Germany Natural Gas THE.

Explore the complex dynamics affecting oil and gas prices in 2023, driven by geopolitical, economic, and environmental factors. Learn how benchmark crude varieties like Brent and WTI, along with natural gas markets, are influenced by global recovery efforts, production cuts, weather conditions, and the shift to renewable energy sources.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 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.