U.S. gasoline prices changed little in June 2025 when compared to the month before. Regular gasoline prices remained at an average of 3.15 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2024, annual prices had decreased again slightly, reaching 2014 levels.

In May 2025, one gallon of diesel cost an average of 3.5 U.S. dollars in the United States. That was a decrease compared to the month prior, and also lower than prices in May 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.

Gasoline fell to 2.16 USD/Gal on July 14, 2025, down 1.30% from the previous day. Over the past month, Gasoline's price has fallen 3.40%, and is down 13.22% 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 July of 2025.

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

In the second quarter of 2022, the average retail price for a gallon of regular gasoline stood at around 4.49 U.S. dollars, up from the previous quarter. A glut in oil supply between 2014 and 2016 forced down prices and led to a low average U.S. gasoline price of roughly 1.9 U.S. dollars per gallon in the first quarter. Gasoline prices fluctuated considerably between 2019 and 2020 as a result of tensions between the United States and other oil exporters, such as Iran, and stifling oil demand during the Covid-19 pandemic. The price of West Texas Intermediate briefly dipped in the negative in April 2020. Seasonal price variations
There are periodic fluctuations in gasoline prices in the United States, where the second and third quarters are typically more expensive than the rest of the year. One of the factors contributing to changing gasoline prices is a decrease in production from refineries due to maintenance work in tandem with an increase in demand, as holiday goers make road-trips. Gasoline will revert to cheaper winter-grade in September. Annual motor vehicle consumption in the United States was around 128 billion gallons as of 2020.

The gasoline price in the Philippines continued to fluctuate in 2023 and the first quarter of 2025, reaching 56.34 Philippine pesos per liter in April 2025. The retail price of petrol peaked between May and June 2022.   Which countries supply petroleum products to the Philippines? The refined petroleum products supply in the Philippines is mainly imported from South Korea, which accounts for 31 percent of the total import share. Singapore and China also provide a large share of the country’s petroleum product supply. Due to a dormant oil refining capacity, the production of petroleum refinery products in the Philippines has shown sluggish growth recently, further emphasizing the need for importing such products. Leading petroleum companies in the Philippines Shell Pilipinas Corporation held the highest share of the petroleum market in the Philippines, with a market share of about 16 percent in 2023. The company operated its petroleum refinery until 2020, when it decided to focus on imports. There is only one operating oil refinery in the country, which is run by the second-largest oil company – Petron Corporation.

Gasoline Prices in France increased to 2.08 USD/Liter in June from 1.98 USD/Liter in May of 2025. This dataset provides the latest reported value for - France Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wholesale Price: Gasoline, Number 92: For Vehicle: Beijing data was reported at 8,374.380 RMB/Ton in Mar 2025. This records a decrease from the previous number of 8,788.250 RMB/Ton for Feb 2025. Wholesale Price: Gasoline, Number 92: For Vehicle: Beijing data is updated monthly, averaging 8,384.315 RMB/Ton from Jul 2019 (Median) to Mar 2025, with 68 observations. The data reached an all-time high of 9,962.060 RMB/Ton in Mar 2022 and a record low of 5,494.670 RMB/Ton in Nov 2020. Wholesale Price: Gasoline, Number 92: For Vehicle: Beijing 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: Gasoline Price: For Vehicle: Wholesale: Province.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% 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 July of 2025.

UK Gas fell to 84.57 GBp/thm on July 14, 2025, down 0.83% from the previous day. Over the past month, UK Gas's price has fallen 4.85%, but it is still 15.90% higher than a year ago, 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 July of 2025.

Wholesale Price: Gasoline, Number 98: For Vehicle: Ningxia data was reported at 10,733.130 RMB/Ton in Mar 2025. This records a decrease from the previous number of 11,127.500 RMB/Ton for Feb 2025. Wholesale Price: Gasoline, Number 98: For Vehicle: Ningxia data is updated monthly, averaging 11,104.380 RMB/Ton from Jul 2019 (Median) to Mar 2025, with 68 observations. The data reached an all-time high of 13,967.000 RMB/Ton in Jun 2022 and a record low of 8,446.670 RMB/Ton in Nov 2020. Wholesale Price: Gasoline, Number 98: For Vehicle: Ningxia 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: Gasoline Price: For Vehicle: Wholesale: Province.

Retail Price: Gasoline, Number 98: For Vehicle: Jiangsu data was reported at 9.310 RMB/l in Mar 2025. This records an increase from the previous number of 9.300 RMB/l for Jan 2025. Retail Price: Gasoline, Number 98: For Vehicle: Jiangsu data is updated monthly, averaging 9.055 RMB/l from Jul 2019 (Median) to Mar 2025, with 62 observations. The data reached an all-time high of 10.240 RMB/l in Jun 2022 and a record low of 6.610 RMB/l in Nov 2020. Retail Price: Gasoline, Number 98: For Vehicle: Jiangsu 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: Gasoline Price: For Vehicle: Retail: Province.

Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang data was reported at 9.310 RMB/l in Mar 2025. This records a decrease from the previous number of 10.110 RMB/l for Feb 2025. Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang data is updated monthly, averaging 8.930 RMB/l from Jul 2019 (Median) to Mar 2025, with 69 observations. The data reached an all-time high of 10.450 RMB/l in Jun 2022 and a record low of 6.370 RMB/l in Nov 2020. Retail Price: Gasoline, Number 98: For Vehicle: Zhejiang 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: Gasoline Price: For Vehicle: Retail: Province.

On July 7, 2025, the Brent crude oil price stood at 69.62 U.S. dollars per barrel, compared to 67.93 U.S. dollars for WTI oil and 69.92 U.S. dollars for the OPEC basket. Prices rose slightly that week, following signs of an increase in demand.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.

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.

Retail Price: Gasoline, Number 98: For Vehicle: Jiangxi data was reported at 8.640 RMB/l in Mar 2025. This records a decrease from the previous number of 8.700 RMB/l for Jan 2025. Retail Price: Gasoline, Number 98: For Vehicle: Jiangxi data is updated monthly, averaging 8.670 RMB/l from Jul 2019 (Median) to Mar 2025, with 62 observations. The data reached an all-time high of 10.300 RMB/l in Jun 2022 and a record low of 6.470 RMB/l in Nov 2020. Retail Price: Gasoline, Number 98: For Vehicle: Jiangxi 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: Gasoline Price: For Vehicle: Retail: Province.

Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars.

United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West South Central Census Division was 3.01900 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West South Central Census Division reached a record high of 5.13800 in June of 2022 and a record low of 1.95900 in November of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Automotive Diesel Fuel (Cost per Gallon/3.785 Liters) in the West South Central Census Division - last updated from the United States Federal Reserve on June of 2025.