The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas 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. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

Gasoline fell to 1.86 USD/Gal on December 2, 2025, down 0.53% from the previous day. Over the past month, Gasoline's price has fallen 2.79%, and is down 4.95% 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 December of 2025.

This graph displays the monthly average price of premium unleaded petrol in Denmark from 2016 to 2019, in British pence per liter. It shows that during this period, monthly fuel prices have mostly increased, peaking at 149.3 British pence per liter in July 2019. From January 2016 to December 2017, prices increased 32.3 British pence per liter.

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.

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 Canada increased to 1.02 USD/Liter in November from 1 USD/Liter in October of 2025. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

FOREWORD

The Independent Consumer and Competition Commission (“ICCC”) is a statutory body established under the provisions of the Independent Consumer and Competition Commission Act 2002 (“the ICCC Act”). The ICCC is vested with responsibilities under the ICCC Act to

• promote competition and fair trading,
• regulate prices of certain declared goods and services,
• protect consumer’s interests and undertake other related responsibilities.

Under the Prices Regulation Act (Chapter 320) (“PR Act”), the ICCC amongst others is responsible for the regulation of prices for certain oil based refined petroleum products. These refined petroleum products are Petrol, Diesel, Kerosene and Jet A1. The current regulatory and price setting arrangements for petroleum products commenced on 1st July, 2016, and will expire on 31st December, 2019. In view of the expiration of the previous regulatory period at the end of 2019, the ICCC in accordance with Section 25A (6) of the PR Act and Section 5 of the ICCC Act, is undertaking this review to determine whether or not the previous regulatory and price setting arrangements for the petroleum products should continue, and if so, the appropriate form of regulation to apply in this new regulatory period.

The ICCC has endeavoured to carry out this review in an open and transparent manner. To do this, the ICCC:

• Released a public notice on the 1st April, 2019; announcing the commencement of the Petroleum Industry Pricing Review. The notice outlined the relevant issues for consideration in this review and invited the public to make submissions; Petroleum Industry Pricing Review. The notice outlined the relevant issues for consideration in this review and invited the public to make submissions;
• Requested a specified list of information from all the wholesalers and all the retailers in PNG;
• Has held face to face meet with all the wholesalers and several, retailers and Puma Energy PNG Refining Ltd;
• Has requested numerous other pieces of information from interested stakeholders;
• Published a draft report on 28th October, 2019 and invited further stakeholder to make further
  submissions in response; submissions in response;
• Sending copies of its financial models in the form of excel spreadsheets to key stakeholders;
• Held a public workshop in Port Moresby on 19th November, 2019 for interested stakeholders;
  and
  
• Followed up the workshop with additional meetings with stakeholders as requested.

This Report contains the ICCC’s final determinations. It is based upon its analysis and assessment of the data and submissions received.

Should you wish to get a copy of the report you can send an email to: Mr Isidore Mission : imission@iccc.gov.pg or janderson@iccc.gov.pg

In March 2021, premium unleaded petrol was at 130.8 British pence per liter. In the period of consideration, figures increased despite some oscillation. Monthly prices of premium unleaded petrol in Germany peaked at 136.3 British pence per liter in November 2018.

Sweden Fuel Price: Avg: Diesel: Tax data was reported at 4.710 SEK/l in Aug 2020. This stayed constant from the previous number of 4.710 SEK/l for Jul 2020. Sweden Fuel Price: Avg: Diesel: Tax data is updated monthly, averaging 4.630 SEK/l from Jan 2011 (Median) to Aug 2020, with 116 observations. The data reached an all-time high of 5.390 SEK/l in Jul 2016 and a record low of 4.490 SEK/l in Dec 2017. Sweden Fuel Price: Avg: Diesel: Tax data remains active status in CEIC and is reported by Swedish Petroleum and Biofuels Institute. The data is categorized under Global Database’s Sweden – Table SE.P003: Fuel Price.

Avg Consumer Price: Gasoline: North Caucasian Federal District (NC) data was reported at 60.230 RUB/l in Mar 2025. This records an increase from the previous number of 60.050 RUB/l for Feb 2025. Avg Consumer Price: Gasoline: North Caucasian Federal District (NC) data is updated monthly, averaging 38.860 RUB/l from Jan 2010 (Median) to Mar 2025, with 183 observations. The data reached an all-time high of 61.900 RUB/l in Dec 2024 and a record low of 21.220 RUB/l in Mar 2010. Avg Consumer Price: Gasoline: North Caucasian Federal District (NC) data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBL001: Average Consumer Price: by Region: Automobile Gasoline. In January 2010, North Caucasian Federal District was split from Southern Federal District. Since January 2010, North Caucasian Federal District consists of Republic of Dagestan, Republic of Ingushetia, Republic of Kabardino Balkaria, Republic of Karachaevo Cherkessia, Republic of Northern Osetia Alania, Chechen Republic and Stavropol Territory). Since January 2010, Southern Federal District consists of Republic of Adygea, Republic of Kalmykia, Krasnodar Territory, Astrakhan Region, Volgograd Region, Rostov Region. Since July 2016, Republic of Crimea and City of Sevastopol are part of the Southern Federal District. Before that they were forming a separate Crimean Federal District.

In March 2021, premium unleaded petrol was at 115 British pence per liter. In the period of consideration, figures increased despite some oscillation. Monthly prices of premium unleaded petrol in Malta peaked at 130.6 British pence per liter in August 2019.

In March 2021, the average premium unleaded petrol price stood at 149.9 British pence per liter in the Netherlands. Between January 2016 and August 2019, figures increased despite some oscillation. Between April and May 2020, premium unleaded petrol presented a particular decline, due to the coronavirus pandemic. However, figures have been increasing since. Monthly prices of premium unleaded petrol in the Netherlands peaked at 152.7 British pence per liter in August 2019.

Average Producer Price: Gasoline: Southern Federal District data was reported at 22.310 RUB/l in Mar 2025. This records a decrease from the previous number of 22.820 RUB/l for Feb 2025. Average Producer Price: Gasoline: Southern Federal District data is updated monthly, averaging 19.010 RUB/l from Jun 2011 (Median) to Mar 2025, with 166 observations. The data reached an all-time high of 36.520 RUB/l in Sep 2023 and a record low of 12.080 RUB/l in Feb 2012. Average Producer Price: Gasoline: Southern Federal District data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.RBL010: Average Producer Price: by Federal District: Fuel. In January 2010, North Caucasian Federal District was split from Southern Federal District. Since January 2010, North Caucasian Federal District consists of Republic of Dagestan, Republic of Ingushetia, Republic of Kabardino Balkaria, Republic of Karachaevo Cherkessia, Republic of Northern Osetia Alania, Chechen Republic and Stavropol Territory). Since January 2010, Southern Federal District consists of Republic of Adygea, Republic of Kalmykia, Krasnodar Territory, Astrakhan Region, Volgograd Region, Rostov Region. Since July 2016, Republic of Crimea and City of Sevastopol are part of the Southern Federal District. Before that they were forming a separate Crimean Federal District.

The average gas price in Great Britain in July 2025 was 79.28 British pence per therm. This was five pence lower than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

As of November 10, 2025, the price of gasoline in Ghana stood at ***** Ghanaian cedis (GHS) per liter, corresponding to around **** U.S. dollars. The price of gasoline remained the same compared to the previous week. Increasing petroleum consumption In December 2024, about ******* metric tons of gasoline were consumed in Ghana, which represented an increase in consumption compared to the same period in preceding year. Furthermore, in 2024, over *** million metric tons of petroleum products were consumed in the country, of which around ******* metric tons were Liquefied petroleum gas (LPG) - Butane. Ghana’s oil production and trade According to latest data form 2020, ******* barrels of crude oil per day were produced in Ghana. In 2023, at the company level, Ghana Oil Company Limited (GOIL), one of the leading petroleum product marketing companies in Ghana, accumulated revenue from sales amounting to **** billion Ghanaian cedis (GHS), roughly ***** million U.S. dollars. Comparatively, in the same year, Total Petroleum Ghana, also a major petroleum company in the country, registered a revenue that amounted to slightly over *** billion GHS, some *** billion U.S. dollars.

Avg Consumer Price: Gasoline AI-92: North Caucasian Federal District (NC) data was reported at 65.780 RUB/l in Oct 2025. This records an increase from the previous number of 64.270 RUB/l for Sep 2025. Avg Consumer Price: Gasoline AI-92: North Caucasian Federal District (NC) data is updated monthly, averaging 37.180 RUB/l from Jan 2009 (Median) to Oct 2025, with 202 observations. The data reached an all-time high of 65.780 RUB/l in Oct 2025 and a record low of 18.190 RUB/l in May 2009. Avg Consumer Price: Gasoline AI-92: North Caucasian Federal District (NC) data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Energy Sector – Table RU.RBL: Average Consumer Price: by Region: Automobile Gasoline: AI-92. In January 2010, North Caucasian Federal District was split from Southern Federal District. Since January 2010, North Caucasian Federal District consists of Republic of Dagestan, Republic of Ingushetia, Republic of Kabardino Balkaria, Republic of Karachaevo Cherkessia, Republic of Northern Osetia Alania, Chechen Republic and Stavropol Territory). Since January 2010, Southern Federal District consists of Republic of Adygea, Republic of Kalmykia, Krasnodar Territory, Astrakhan Region, Volgograd Region, Rostov Region. Since July 2016, Republic of Crimea and City of Sevastopol are part of the Southern Federal District. Before that they were forming a separate Crimean Federal District.

Gasoline: Producer Price: China VI: 89#: Shandong Lijin data was reported at 7,614.000 RMB/Ton in 25 Apr 2025. This records a decrease from the previous number of 7,672.860 RMB/Ton for 18 Apr 2025. Gasoline: Producer Price: China VI: 89#: Shandong Lijin data is updated daily, averaging 6,964.999 RMB/Ton from Mar 2016 (Median) to 25 Apr 2025, with 476 observations. The data reached an all-time high of 9,885.710 RMB/Ton in 11 Mar 2022 and a record low of 4,157.143 RMB/Ton in 29 Jul 2016. Gasoline: Producer Price: China VI: 89#: Shandong Lijin data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBP: Gasoline: Producer Price.

Consumer Price Index (CPI): Prev Month=100: Southern Federal District from 2010: Non Food: Petroleum Products: Diesel Fuel data was reported at 100.160 Prev Mth=100 in Mar 2025. This records a decrease from the previous number of 100.370 Prev Mth=100 for Feb 2025. Consumer Price Index (CPI): Prev Month=100: Southern Federal District from 2010: Non Food: Petroleum Products: Diesel Fuel data is updated monthly, averaging 100.370 Prev Mth=100 from Jan 2009 (Median) to Mar 2025, with 195 observations. The data reached an all-time high of 107.890 Prev Mth=100 in Aug 2023 and a record low of 94.760 Prev Mth=100 in Oct 2023. Consumer Price Index (CPI): Prev Month=100: Southern Federal District from 2010: Non Food: Petroleum Products: Diesel 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.IB046: Consumer Price Index: Southern Federal District from 2010. In January 2010, North Caucasian Federal District was split from Southern Federal District. Since January 2010, North Caucasian Federal District consists of Republic of Dagestan, Republic of Ingushetia, Republic of Kabardino Balkaria, Republic of Karachaevo Cherkessia, Republic of Northern Osetia Alania, Chechen Republic and Stavropol Territory). Since January 2010, Southern Federal District consists of Republic of Adygea, Republic of Kalmykia, Krasnodar Territory, Astrakhan Region, Volgograd Region, Rostov Region. Since July 2016, Republic of Crimea and City of Sevastopol are part of the Southern Federal District. Before that they were forming a separate Crimean Federal District.