100+ datasets found
  1. Global monthly fuel price index 2020-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 11, 2025
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    Statista (2025). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2025
    Area covered
    Worldwide
    Description

    The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. 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.

  2. G

    Gasoline prices by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 15, 2015
    + more versions
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    Globalen LLC (2015). Gasoline prices by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gasoline_prices/
    Explore at:
    csv, excel, xmlAvailable download formats
    Dataset updated
    Jan 15, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    World
    Description

    The average for 2016 based on 165 countries was 0.98 dollars. The highest value was in Eritrea: 2 dollars and the lowest value was in Venezuela: 0 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

  3. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Jul 11, 2025
    Area covered
    World
    Description

    Gasoline rose to 2.19 USD/Gal on July 11, 2025, up 1.65% from the previous day. Over the past month, Gasoline's price has risen 1.03%, but it is still 12.72% lower than a year ago, 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.

  4. Global premium gasoline prices 2025, by select country

    • statista.com
    Updated May 14, 2025
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    Statista (2025). Global premium gasoline prices 2025, by select country [Dataset]. https://www.statista.com/statistics/1266921/automotive-unleaded-premium-prices-by-country/
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    Dataset updated
    May 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 12, 2025
    Area covered
    Worldwide
    Description

    Hong Kong had the highest prices for premium gasoline (95-RON) on May 12, 2025. That day, prices averaged 3.44 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around 2 U.S. dollars per liter.

  5. Gasoline price per liter in selected countries - June 2020

    • statista.com
    Updated May 22, 2024
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    Statista (2024). Gasoline price per liter in selected countries - June 2020 [Dataset]. https://www.statista.com/statistics/288727/monthly-gasoline-price-per-liter-in-selected-countries/
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    Dataset updated
    May 22, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2020
    Area covered
    Worldwide
    Description

    In June 2020, the gasoline price per liter in the United States stood at 0.55 U.S. dollars, the cheapest among the selected eight countries. However, this is a considerable price change compared to June 2019, when figures were 23.4 percent higher. Italy recorded the highest fuel price of all countries listed here, at 1.56 U.S. dollars per liter. The prices concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom and regular unleaded for Canada, Japan, and the United States (AKI 87). Liquid fuels demand decline following coronavirusFinal gasoline prices result from crude oil charges, processing and distribution costs, and taxes and underly supply and demand. The ongoing coronavirus pandemic (COVID-19) has reduced the demand for fuel and in turn impacted petroleum prices worldwide. The U.S. liquid fuels demand in the road sector is expected to have decreased to 8.7 million barrels per day in the second quarter of 2020. As a result, U.S. monthly crude oil production dropped across all regions between March and August 2020. Diesel prices worldwideItaly also has the greatest tag on diesel prices among the above listed countries. As of that same month, the price for automotive diesel stood at 1.43 U.S. dollars per liter in the Southern European country. Diesel prices tend to be lower than gasoline prices, with the United Kingdom and the U.S. proving to be the exception.

  6. T

    GASOLINE PRICES by Country in ASIA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 15, 2020
    + more versions
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    TRADING ECONOMICS (2020). GASOLINE PRICES by Country in ASIA [Dataset]. https://tradingeconomics.com/country-list/gasoline-prices?continent=asia
    Explore at:
    json, xml, csv, excelAvailable download formats
    Dataset updated
    May 15, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Asia
    Description

    This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  7. Petrol Price in International Market

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Jul 1, 2025
    + more versions
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    IndexBox Inc. (2025). Petrol Price in International Market [Dataset]. https://www.indexbox.io/search/petrol-price-in-international-market/
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    doc, xlsx, pdf, docx, xlsAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset provided by
    IndexBox
    Authors
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Jul 12, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Learn about the various factors that influence the price of petrol in the international market, including supply and demand dynamics, geopolitical events, economic conditions, and government policies. Understand how these factors interact to cause daily fluctuations in petrol prices and how they can impact consumers, businesses, and economies worldwide.

  8. Gasoline Price Trend and Forecast

    • procurementresource.com
    Updated Feb 25, 2022
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    Procurement Resource (2022). Gasoline Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/gasoline-price-trends
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    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Feb 25, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Jul 14, 2027
    Area covered
    Asia, Middle East & Africa, Latin America, Europe, North America
    Description

    Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  9. Saudi Arabia Fuel Prices: Retail: Gasoline 91

    • ceicdata.com
    Updated Aug 10, 2021
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    CEICdata.com (2021). Saudi Arabia Fuel Prices: Retail: Gasoline 91 [Dataset]. https://www.ceicdata.com/en/saudi-arabia/fuel-prices/fuel-prices-retail-gasoline-91
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    Dataset updated
    Aug 10, 2021
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 1, 2024 - Mar 1, 2025
    Area covered
    Saudi Arabia
    Variables measured
    Energy
    Description

    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]

  10. Change of gasoline price in selected countries 2019-2020

    • statista.com
    Updated May 21, 2024
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    Statista (2024). Change of gasoline price in selected countries 2019-2020 [Dataset]. https://www.statista.com/statistics/262745/change-of-gasoline-price-in-selected-countries/
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    Dataset updated
    May 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2019 - Jun 2020
    Area covered
    Worldwide
    Description

    This statistic shows the change in the price of gasoline per liter in selected countries for the period between June 2019 and June 2020. The price changes concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom, and regular unleaded for Canada, Japan, and the United States (AKI 87). RON stands for Research Octane Number, while AKI means Anti-Knock Index. Both represent the most common octane rating in the countries shown. In June 2020, the gasoline price per liter in the U.S. was 23.4 percent lower than it was in June 2019.

    Influences on gasoline prices

    The price of gasoline is a frequently discussed issue, and is a part of almost everybody’s life in developed countries. Gasoline prices worldwide are dependent of a number of factors: crude oil prices, costs for processing and distribution, demand, strength of currencies, taxation, and availability. The most influential factor is the crude oil price. This price includes the costs for exploration, extraction, and transport. What the consumer pays in the end is also an issue of national oil pricing policy. Typical regions with high taxes on gasoline are European countries and Japan. Other countries keep consumer prices low by subsidizing the costs for gasoline. Among latter countries are the United States, Saudi Arabia, Iran, Venezuela, Egypt, Malaysia, Bolivia, and others. There are many other factors, however, which directly influence the price of gasoline. Wars, crises, and natural disasters in oil producing regions, for example, can obstruct the production and transportation, and thus cause higher crude oil prices. Last but not least, the end-consumer defines the price through his or her demand. A higher number of people driving cars means higher prices for gasoline, which is often the case in the summer months or holiday seasons.

  11. T

    GASOLINE PRICES by Country in EUROPE/1000

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 11, 2024
    + more versions
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    TRADING ECONOMICS (2024). GASOLINE PRICES by Country in EUROPE/1000 [Dataset]. https://tradingeconomics.com/country-list/gasoline-prices?continent=europe/1000
    Explore at:
    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jan 11, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Europe
    Description

    This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  12. China CN: Retail Price: Gasoline, No 98: For Vehicle

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). China CN: Retail Price: Gasoline, No 98: For Vehicle [Dataset]. https://www.ceicdata.com/en/china/gasoline-price-for-vehicle-retail-province/cn-retail-price-gasoline-no-98-for-vehicle
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    China
    Variables measured
    Energy
    Description

    China Retail Price: Gasoline, Number 98: For Vehicle data was reported at 9.190 RMB/l in Mar 2025. This records a decrease from the previous number of 9.370 RMB/l for Feb 2025. China Retail Price: Gasoline, Number 98: For Vehicle data is updated monthly, averaging 9.110 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 6.500 RMB/l in Jun 2020. China Retail Price: Gasoline, Number 98: For Vehicle 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.

  13. Switzerland Gasoline Price: Value: Unleaded 95

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Switzerland Gasoline Price: Value: Unleaded 95 [Dataset]. https://www.ceicdata.com/en/switzerland/fuel-prices/gasoline-price-value-unleaded-95
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    Switzerland
    Variables measured
    Petroleum
    Description

    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.

  14. G

    Gasoline prices in South East Asia | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Feb 14, 2021
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    Globalen LLC (2021). Gasoline prices in South East Asia | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/gasoline_prices/South-East-Asia/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Feb 14, 2021
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    Asia, World
    Description

    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.

  15. d

    Gasoline Price Data USA | Coverage 90%+ | Regular, Diesel, Midgrade, ... |...

    • datarade.ai
    .json, .xml
    Updated Nov 28, 2023
    + more versions
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    xavvy (2023). Gasoline Price Data USA | Coverage 90%+ | Regular, Diesel, Midgrade, ... | Cash and Credit Prices | multiple updates daily | API [Dataset]. https://datarade.ai/data-products/xavvy-fuel-prices-api-usa-data-for-regular-diesel-midgra-xavvy
    Explore at:
    .json, .xmlAvailable download formats
    Dataset updated
    Nov 28, 2023
    Dataset authored and provided by
    xavvy
    Area covered
    United States
    Description

    Xavvy fuel is the leading source for Gas Station Location Data and Gasoline Price data worldwide and specialized in data quality and enrichment. We provide gasoline and diesel price data for more than 131'000 stations across the US.

    Thanks to our fuel prices, you assist your customers in finding the best gas and diesel prices at gas stations to optimize their fuel costs and minimize their CO2 emissions.

    Moreover, our price data supports customers from various sectors to gain more valuable insights on the fuel market and its development. In addition, they form an unparalleled basis for strategic decisions like pricing or expansion.

    At the same time, due to high price coverage and accuracy, suppliers such as navigation software manufacturers can increase their market share and profit margins by significantly improving the customer experience.

    • Supported Fuel Types: Diesel, Regular, Midgrade, premium fuels, DEF, Hydrogen etc. • Price types: Cash and Credit card prices available • Information Scope: highly customizable to customer’s needs. • Extension: (weighted) average prices or forecasts

    Check out our other Data Offerings available, and gain more valuable market insights on gas stations directly from the experts!

  16. T

    GASOLINE PRICES by Country in AFRICA/1000

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 12, 2024
    + more versions
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    TRADING ECONOMICS (2024). GASOLINE PRICES by Country in AFRICA/1000 [Dataset]. https://tradingeconomics.com/country-list/gasoline-prices?continent=africa/1000
    Explore at:
    excel, xml, json, csvAvailable download formats
    Dataset updated
    Jan 12, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Africa
    Description

    This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  17. Gasoline prices in African countries 2025

    • statista.com
    Updated Apr 22, 2025
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    Statista (2025). Gasoline prices in African countries 2025 [Dataset]. https://www.statista.com/statistics/1297061/average-retail-prices-for-gasoline-in-africa-by-country/
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    Dataset updated
    Apr 22, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 14, 2025
    Area covered
    Africa
    Description

    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.

  18. Thailand Gasoline price

    • knoema.com
    sdmx
    Updated May 13, 2025
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    Knoema (2025). Thailand Gasoline price [Dataset]. https://knoema.com/atlas/Thailand/Gasoline-price
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    sdmxAvailable download formats
    Dataset updated
    May 13, 2025
    Dataset authored and provided by
    Knoemahttp://knoema.com/
    Time period covered
    1991 - 2016
    Variables measured
    Pump price for gasoline
    Description

    Gasoline price of Thailand sank by 44.96% from 1.29 US dollars per liter in 2014 to 0.71 US dollars per liter in 2016. Since the 10.64% jump in 2012, gasoline price plummeted by 54.49% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

  19. G

    Diesel prices by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 18, 2015
    + more versions
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    Globalen LLC (2015). Diesel prices by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/diesel_prices/
    Explore at:
    excel, csv, xmlAvailable download formats
    Dataset updated
    Jan 18, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1991 - Dec 31, 2016
    Area covered
    World, World
    Description

    The average for 2016 based on 160 countries was 0.87 dollars. The highest value was in Iceland: 1.63 dollars and the lowest value was in Libya: 0.11 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

  20. B

    Brazil BR: Wholesale Fuel Price: Gasoline: Average

    • ceicdata.com
    Updated Aug 4, 2020
    + more versions
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    CEICdata.com (2020). Brazil BR: Wholesale Fuel Price: Gasoline: Average [Dataset]. https://www.ceicdata.com/en/brazil/wholesale-fuel-price-brazil-monthly/br-wholesale-fuel-price-gasoline-average
    Explore at:
    Dataset updated
    Aug 4, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2019 - Aug 1, 2020
    Area covered
    Brazil
    Variables measured
    Energy
    Description

    Brazil BR: Wholesale Fuel Price: Gasoline: Average data was reported at 3.776 BRL/l in Aug 2020. This records an increase from the previous number of 3.691 BRL/l for Jul 2020. Brazil BR: Wholesale Fuel Price: Gasoline: Average data is updated monthly, averaging 2.275 BRL/l from Jul 2001 (Median) to Aug 2020, with 230 observations. The data reached an all-time high of 4.267 BRL/l in Oct 2018 and a record low of 1.296 BRL/l in Feb 2002. Brazil BR: Wholesale Fuel Price: Gasoline: Average data remains active status in CEIC and is reported by National Petroleum, Natural Gas and Biofuels Agency. The data is categorized under Global Database’s Brazil – Table BR.PF009: Distributor Fuel Price: Brazil: Monthly (Discontinued). Note:The Survey of Price and Margin Fuels Marketing covers gasoline, hydrated ethanol fuel, diesel oil without additive, compressed natural gas (CNG) and liquefied petroleum gas (LPG) which have been surveyed in 555 locations, about 10% municipalities in Brazil, in accordance with procedures established by the Brazilian National Agency of Petroleum, Natural Gas and Biofuels.The results of the Survey of Price and Margin Fuels Marketing contain selling price to the final consumer and purchasing price from the wholesaler of gasoline, hydrated ethanol fuel, diesel oil without additive, CNG and LPG observed in each municipality which has participated in the survey.

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Statista (2025). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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Global monthly fuel price index 2020-2025

Explore at:
Dataset updated
Jun 11, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 2020 - May 2025
Area covered
Worldwide
Description

The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. 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.

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