The global fuel energy price index stood at 188.62 index points in January 2025, up from 100 in the base year 2016. Figures increased that month due to a rise in crude oil prices as a result of new sanctions on Russian oil and greater heating fuel demand. 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. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

The average price for regular gasoline in the United States stood at 3.08 U.S. dollars per gallon on March 17, 2025. This compared to a diesel price of 3.59 U.S. dollars per gallon. Prices for gasoline and diesel decreased that week. 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.

On March 24, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 135.61 pence per liter. This compared to 143.07 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, 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 March of 2025.

New Zealand Average Fuel Price: Petrol: Regular data was reported at 2.547 NZD/l in Dec 2024. This records a decrease from the previous number of 2.583 NZD/l for Sep 2024. New Zealand Average Fuel Price: Petrol: Regular data is updated quarterly, averaging 0.973 NZD/l from Mar 1974 (Median) to Dec 2024, with 204 observations. The data reached an all-time high of 2.837 NZD/l in Jun 2022 and a record low of 0.123 NZD/l in Mar 1974. New Zealand Average Fuel Price: Petrol: Regular data remains active status in CEIC and is reported by Ministry of Business, Innovation and Employment. The data is categorized under Global Database’s New Zealand – Table NZ.P003: Average Fuel Price.

In February 2025, one gallon of diesel cost an average of 3.68 U.S. dollars in the United States. That was an increase compared to two months prior, which was the lowest price in the past 24-month period. 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.

A dataset of average pence per litre and per gallon petrol and diesel fuel prices in the UK regions including England, Scotland, Wales, and Northern Ireland.

New Zealand Ave Fuel Price: 2021 Price: Petrol: Regular data was reported at 2.351 NZD/l in Dec 2022. This records a decrease from the previous number of 2.572 NZD/l for Sep 2022. New Zealand Ave Fuel Price: 2021 Price: Petrol: Regular data is updated quarterly, averaging 2.050 NZD/l from Mar 1974 (Median) to Dec 2022, with 196 observations. The data reached an all-time high of 2.895 NZD/l in Jun 1985 and a record low of 1.329 NZD/l in Jun 1999. New Zealand Ave Fuel Price: 2021 Price: Petrol: Regular data remains active status in CEIC and is reported by Ministry of Business, Innovation and Employment. The data is categorized under Global Database’s New Zealand – Table NZ.P006: Average Fuel Price: 2021 Price.

In December 2022, the price of fuel filters was $7.3 per unit (CIF, Australia), an increase of 30% from the previous month.

Consumer Price Index (CPI): Prev Dec=100: Kaluga Region: Non Food: Petroleum Products: Gas Motor Fuel data was reported at 116.520 Prev Dec=100 in Dec 2024. This records a decrease from the previous number of 117.640 Prev Dec=100 for Nov 2024. Consumer Price Index (CPI): Prev Dec=100: Kaluga Region: Non Food: Petroleum Products: Gas Motor Fuel data is updated monthly, averaging 100.000 Prev Dec=100 from Jan 2014 (Median) to Dec 2024, with 132 observations. The data reached an all-time high of 143.600 Prev Dec=100 in Oct 2021 and a record low of 63.360 Prev Dec=100 in Dec 2022. Consumer Price Index (CPI): Prev Dec=100: Kaluga Region: Non Food: Petroleum Products: Gas Motor Fuel data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB020: Consumer Price Index: Central Federal District: Kaluga Region.

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.

Consumer Price Index (CPI): Prev Dec=100: Far East Federal District: Non Food: Petroleum Products: Gas Motor Fuel data was reported at 113.150 Prev Dec=100 in Dec 2024. This records an increase from the previous number of 113.010 Prev Dec=100 for Nov 2024. Consumer Price Index (CPI): Prev Dec=100: Far East Federal District: Non Food: Petroleum Products: Gas Motor Fuel data is updated monthly, averaging 100.900 Prev Dec=100 from Jan 2014 (Median) to Dec 2024, with 132 observations. The data reached an all-time high of 124.830 Prev Dec=100 in Sep 2021 and a record low of 89.900 Prev Dec=100 in Dec 2022. Consumer Price Index (CPI): Prev Dec=100: Far East Federal District: Non Food: Petroleum Products: Gas Motor Fuel data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB099: Consumer Price Index: Far East Federal District.

Consumer Price Index (CPI): Prev Dec=100: Kursk Region: Non Food: Petroleum Products: Gas Motor Fuel data was reported at 100.890 Prev Dec=100 in Dec 2024. This records a decrease from the previous number of 102.560 Prev Dec=100 for Nov 2024. Consumer Price Index (CPI): Prev Dec=100: Kursk Region: Non Food: Petroleum Products: Gas Motor Fuel data is updated monthly, averaging 98.930 Prev Dec=100 from Jan 2014 (Median) to Dec 2024, with 132 observations. The data reached an all-time high of 176.220 Prev Dec=100 in Nov 2023 and a record low of 58.680 Prev Dec=100 in Dec 2022. Consumer Price Index (CPI): Prev Dec=100: Kursk Region: Non Food: Petroleum Products: Gas Motor Fuel data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB022: Consumer Price Index: Central Federal District: Kursk Region.

In February 2025, the average price of one barrel of Brent crude oil was 75.44 U.S. dollars. This was some four U.S. dollars below prices the previous month as demand for oil was expected to stagnate in the coming months. Brent terminology and most common uses Brent is the world's leading price benchmark for Atlantic basin crude oils. It is used to price two thirds of the internationally traded crude oil supplies and is also the most significant crude oil benchmark for Europe. Brent crude originates in the North Sea and includes oils from Brent and Forties Oil Field in the United Kingdom, and from the Oseborg and Ekofisk oil fields, both oil reserves in Norway. Other names for Brent are Brent Blend, London Brent and Brent petroleum. The name Brent comes from the Brent oil field, located north-east of the Shetland Islands, and thus part of the United Kingdom. Because the Brent oil field already passed its production peak, today the benchmark Brent includes oil from the other three major oil fields. Brent, next to West Texas Intermediate (WTI), is one of the lightest crude oils. With a low content of sulfur, it is ranged among the so-called sweet crude oils. Most of the Brent crude oil is refined into gasoline and middle distillates in Northwest Europe. Benchmark oil prices Other crucial benchmarks for crude oil prices are the already mentioned U.S.- WTI and Dubai Crude (Fateh). They are indispensable for referencing the many types and grades of oil on the global market. In the past twenty years, the annual price for one barrel of Brent crude oil saw a net increase. For example, the average price per barrel stood at 80.53 U.S. dollars in 2024.

U.S. gasoline prices increased across all major grades in February 2025. Regular gasoline prices rose to an average of 3.12 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 2023, annual prices had decreased again slightly, reaching 2013 levels.

Crude Oil decreased 2.12 USD/BBL or 2.95% since the beginning of 2025, 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 March of 2025.

Consumer Price Index (CPI): Prev Dec=100: Sverdlovsk Region: Non Food: Petroleum Products: Gas Motor Fuel data was reported at 121.980 Prev Dec=100 in Dec 2024. This records an increase from the previous number of 121.270 Prev Dec=100 for Oct 2024. Consumer Price Index (CPI): Prev Dec=100: Sverdlovsk Region: Non Food: Petroleum Products: Gas Motor Fuel data is updated monthly, averaging 99.660 Prev Dec=100 from Jan 2014 (Median) to Dec 2024, with 131 observations. The data reached an all-time high of 137.690 Prev Dec=100 in Nov 2018 and a record low of 68.360 Prev Dec=100 in Dec 2022. Consumer Price Index (CPI): Prev Dec=100: Sverdlovsk Region: Non Food: Petroleum Products: Gas Motor Fuel data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IB081: Consumer Price Index: Ural Federal District: Sverdlovsk Region.

Brent decreased 0.64 USD/BBL or 0.85% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on March of 2025.