The prices of fossil fuels increased considerably in 2022 as a result of supply disruptions and rising energy demand. While the crude oil price in 2022 did not reach the levels of the 1979 or 2008 price shocks, natural gas prices rose to record highs.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S. City Average (APU00007471A) from Jan 1978 to Feb 2025 about energy, gas, retail, price, and USA.

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.

New Zealand Average Fuel Price: Natural Gas: Residential data was reported at 0.196 NZD/kWh in Dec 2024. This records an increase from the previous number of 0.155 NZD/kWh for Sep 2024. New Zealand Average Fuel Price: Natural Gas: Residential data is updated quarterly, averaging 0.060 NZD/kWh from Mar 1979 (Median) to Dec 2024, with 184 observations. The data reached an all-time high of 0.222 NZD/kWh in Mar 2018 and a record low of 0.016 NZD/kWh in Jun 1979. New Zealand Average Fuel Price: Natural Gas: Residential 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.

As of December 2024, the average price for premium gasoline in Germany was around 179.4 euro cents per liter. This was a slight decrease compared to the year before.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) (APUS23A74714) from Jan 1978 to Feb 2025 about Chicago, energy, IL, gas, IN, WI, urban, retail, price, and USA.

Average Fuel Price: Natural Gas: Commercial data was reported at 0.119 NZD/kWh in Dec 2024. This records an increase from the previous number of 0.097 NZD/kWh for Sep 2024. Average Fuel Price: Natural Gas: Commercial data is updated quarterly, averaging 0.034 NZD/kWh from Mar 1979 (Median) to Dec 2024, with 184 observations. The data reached an all-time high of 0.119 NZD/kWh in Dec 2024 and a record low of 0.009 NZD/kWh in Dec 1979. Average Fuel Price: Natural Gas: Commercial 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 2021, average price of unleaded gasoline (95 RON) in Greece stood at 1.57 euros per liter. In the period of consideration, figures presented a trend of growth despite some fluctuation. Between 2000 and 2021, unleaded gasoline price increased by 79 euro cents per liter, peaking at 1.75 euros per liter in 2012.

Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data was reported at 254.100 1998=100 in Dec 2016. This records a decrease from the previous number of 268.400 1998=100 for Nov 2016. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data is updated monthly, averaging 100.900 1998=100 from Jan 1979 (Median) to Dec 2016, with 456 observations. The data reached an all-time high of 281.300 1998=100 in Jan 2011 and a record low of 28.200 1998=100 in Jun 1979. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Electricity data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I007: Consumer Price Index: 1998=100. Rebased from 1998=100 to 2015=100 Replacement series ID: 384054267

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Norway (CPGREN01NOM657N) from Jan 1979 to Dec 2023 about Norway, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

The 2025 preliminary average annual price of West Texas Intermediate crude oil reached 73.64 U.S. dollars per barrel, as of February. This would be lower than the 2024 average, which stood at 73.64 U.S. dollars per barrel. WTI and other benchmarks WTI is a grade of crude oil also known as “Texas light sweet.” It is measured to have an API gravity of around 39.6 and specific gravity of about 0.83, which is considered “light” relative to other crude oils. This oil also contains roughly 0.24 percent sulfur, and is therefore named “sweet.” Crude oils are some of the most closely observed commodity prices in the world. WTI is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. The price of other crude oils, such as UK Brent crude oil, the OPEC crude oil basket, and Dubai Fateh oil, can be compared to that of WTI crude oil. Since 1976, the price of WTI crude oil has increased notably, rising from just 12.23 U.S. dollars per barrel in 1976 to a peak of 99.06 dollars per barrel in 2008. Geopolitical conflicts and their impact on oil prices The price of oil is controlled in part by limiting oil production. Prior to 1971, the Texas Railroad Commission controlled the price of oil by setting limits on production of U.S. oil. In 1971, the Texas Railroad Commission ceased limiting production, but OPEC, the Organization of Petroleum Exporting Countries with member states Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela among others, continued to do so. In 1972, due to geopolitical conflict, OPEC set an oil embargo and cut oil production, causing prices to quadruple by 1974. Oil prices rose again in 1979 and 1980 due to the Iranian revolution, and doubled between 1978 and 1981 as the Iran-Iraq War prevented oil production. A number of geopolitical conflicts and periods of increased production and consumption have influenced the price of oil since then.

Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Actual Rental data was reported at 162.400 1998=100 in 2015. This records an increase from the previous number of 158.000 1998=100 for 2014. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Actual Rental data is updated yearly, averaging 97.700 1998=100 from Dec 1979 (Median) to 2015, with 37 observations. The data reached an all-time high of 162.400 1998=100 in 2015 and a record low of 36.400 1998=100 in 1979. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Housing: Actual Rental data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I008: Consumer Price Index: 1998=100: Annual. Rebased from 1998=100 to 2015=100 Replacement series ID: 384055107

Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data was reported at 190.800 1998=100 in 2015. This records a decrease from the previous number of 198.100 1998=100 for 2014. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data is updated yearly, averaging 100.000 1998=100 from Dec 1979 (Median) to 2015, with 37 observations. The data reached an all-time high of 236.800 1998=100 in 2010 and a record low of 28.300 1998=100 in 1979. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels: Electricity, Gas & Fuel: Electricity data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I008: Consumer Price Index: 1998=100: Annual. Rebased from 1998=100 to 2015=100 Replacement series ID: 384055717

Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Liquid Fuels data was reported at 286.200 1998=100 in Dec 2016. This records an increase from the previous number of 269.800 1998=100 for Nov 2016. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Liquid Fuels data is updated monthly, averaging 101.850 1998=100 from Jan 1979 (Median) to Dec 2016, with 456 observations. The data reached an all-time high of 313.700 1998=100 in Feb 2014 and a record low of 27.600 1998=100 in Jan 1979. Norway Consumer Price Index (CPI): HW: Electricity, Gas & Fuel: Liquid Fuels data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I007: Consumer Price Index: 1998=100. Rebased from 1998=100 to 2015=100 Replacement series ID: 384054277

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Norway (CPGREN01NOM659N) from Jan 1979 to Jan 2025 about Norway, fuels, electricity, energy, gas, CPI, price index, indexes, and price.

Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels (HW) data was reported at 115.800 2015=100 in Feb 2019. This records a decrease from the previous number of 116.600 2015=100 for Jan 2019. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels (HW) data is updated monthly, averaging 59.300 2015=100 from Jan 1979 (Median) to Feb 2019, with 482 observations. The data reached an all-time high of 116.600 2015=100 in Jan 2019 and a record low of 19.500 2015=100 in Feb 1979. Norway Consumer Price Index (CPI): Housing, Water, Electricity, Gas & Other Fuels (HW) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.I004: Consumer Price Index: 2015=100.

Graph and download economic data for Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Actual Rentals for Housing: Total for Norway (NORCP040100GPM) from Feb 1979 to Dec 2023 about water, Norway, fuels, electricity, rent, gas, CPI, price index, indexes, and price.

United States Consumer Price: Average: SU: Utility (Piped) Gas data was reported at 1.229 USD/Therm in Jun 2018. This records a decrease from the previous number of 1.240 USD/Therm for May 2018. United States Consumer Price: Average: SU: Utility (Piped) Gas data is updated monthly, averaging 0.777 USD/Therm from Nov 1978 (Median) to Jun 2018, with 475 observations. The data reached an all-time high of 1.834 USD/Therm in Nov 2005 and a record low of 0.336 USD/Therm in Jan 1979. United States Consumer Price: Average: SU: Utility (Piped) Gas data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

The UAE raises retail fuel prices in February 2025 amid global oil market volatility and geopolitical influences, affecting local and international economic dynamics.

New Zealand Ave Fuel Price: 2023 Price: Natural Gas: Residential data was reported at 0.153 NZD/kWh in Sep 2024. This records a decrease from the previous number of 0.168 NZD/kWh for Jun 2024. New Zealand Ave Fuel Price: 2023 Price: Natural Gas: Residential data is updated quarterly, averaging 0.117 NZD/kWh from Mar 1979 (Median) to Sep 2024, with 183 observations. The data reached an all-time high of 0.300 NZD/kWh in Mar 2008 and a record low of 0.065 NZD/kWh in Dec 1988. New Zealand Ave Fuel Price: 2023 Price: Natural Gas: Residential 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.P005: Average Fuel Price: 2023 Price.