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.

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.

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.

This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

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.

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.

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.

Sri Lanka Petroleum Price: Average: Crude Oil data was reported at 8,817.000 LKR/Barrel in 2017. This records an increase from the previous number of 6,757.000 LKR/Barrel for 2016. Sri Lanka Petroleum Price: Average: Crude Oil data is updated yearly, averaging 3,803.000 LKR/Barrel from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 14,416.000 LKR/Barrel in 2012 and a record low of 803.000 LKR/Barrel in 1992. Sri Lanka Petroleum Price: Average: Crude Oil data remains active status in CEIC and is reported by Central Bank of Sri Lanka. The data is categorized under Global Database’s Sri Lanka – Table LK.P008: Petroleum Price.

Explore the factors that influence the price of petroleum in the international market, including supply and demand dynamics, geopolitical tensions, economic conditions, and market speculation. Understand the role of Brent crude oil as a benchmark and the impact of global events on oil prices. Stay informed about the current price fluctuations and the need to monitor multiple factors for accurate assessments.

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.

Learn about the significant fluctuations in crude oil and petrol prices over the past 10 years, influenced by factors like geopolitical events, supply and demand dynamics, and global economic conditions. Understand the relationship between crude oil prices and petrol prices and how various factors impact the prices.

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.

Discover how crude oil prices vary by country and the various factors that influence them. Learn about major oil-producing countries such as Saudi Arabia, the United States, Russia, Iran, Iraq, Canada, Venezuela, Nigeria, the United Arab Emirates, and Kuwait, and how their pricing mechanisms are shaped. Gain insight into the global oil market and its impact on economies worldwide.

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).

Russia Average World Price: Gasoline: Nafta data was reported at 457.000 USD/Ton in Dec 2018. This records a decrease from the previous number of 502.700 USD/Ton for Nov 2018. Russia Average World Price: Gasoline: Nafta data is updated monthly, averaging 519.750 USD/Ton from Jun 2000 (Median) to Dec 2018, with 222 observations. The data reached an all-time high of 1,085.200 USD/Ton in Jun 2008 and a record low of 150.300 USD/Ton in Nov 2001. Russia Average World Price: Gasoline: Nafta data remains active status in CEIC and is reported by Ministry of Finance of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.

Saudi Arabia: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.24 dollars, an increase from 0.16 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Saudi Arabia from 1995 to 2016 is 0.19 dollars. The minimum value, 0.16 dollars, was reached in 1995 while the maximum of 0.24 dollars was recorded in 2000.

Data is getting collected Every Tuesday evening from the Global Petrol Prices website.Weekly Average data is available from 28-Dec-2015 onward.Monthly average price is available for the period of January, 2013 - July, 2013Data cited at: Global Petrol Prices web site

Gabon: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.92 dollars, a decline from 1.02 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Gabon from 1991 to 2016 is 0.9 dollars. The minimum value, 0.53 dollars, was reached in 2000 while the maximum of 1.18 dollars was recorded in 1991.

Hong Kong has some of the highest diesel prices in the world. As of May 12, 2025, drivers in Hong Kong paid an average of 3.34 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

The price of refined petroleum per barrel is influenced by various factors, including the price of crude oil, supply and demand dynamics, global geopolitical events, and macroeconomic indicators. Understanding these factors is essential for policymakers, energy companies, and consumers to foresee and adapt to changes in petroleum prices.