Gasoline Prices in Saudi Arabia remained unchanged at 0.62 USD/Liter in June. This dataset provides the latest reported value for - Saudi Arabia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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]

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 30, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline decreased that week following a fall in crude oil prices. 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.

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.

Between January 2022 and June of 2024, the average price of petrol per liters in Saudi Arabia stood stable at 2.33 Saudi Riyal. In comparison, the price per liters of petrol in Saudi Arabia was around 1.25 Saudi Riyal in the first half of 2020.

Saudi Arabia SA: Pump Price for Gasoline: USD per Liter data was reported at 0.240 USD in 2016. This records an increase from the previous number of 0.160 USD for 2014. Saudi Arabia SA: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 0.160 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 0.240 USD in 2016 and a record low of 0.160 USD in 2014. Saudi Arabia SA: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: Transportation. 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.; ; German Agency for International Cooperation (GIZ).; Median;

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.

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.

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.

The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

As of December 2022, the average gasoline retail price in Tokyo Prefecture stood at about 169.4 Japanese yen per liter. In mid-March 2022, the gasoline price briefly hovered around 180 yen per liter in Japan's capital. At the time, energy markets were in turmoil as Russia's war on Ukraine unfolded and sanctions severed trade agreements.

 Why do gasoline prices fluctuate? Crude oil prices and changes in supply and demand are the main factors to affect gasoline prices around the world. Since crude oil is the main ingredient of gasoline, prices tend to change rapidly when something impacts crude oil supplies, refinery operations or pipeline deliveries. Furthermore, seasonal changes in demand can affect gasoline prices, even if crude oil prices remain stable. Historically, prices tend to peak in summer when the travel demand increases. Other factors are crises, wars, or natural disasters in oil-producing regions, since they can obstruct the production and transportation, and thus cause higher crude oil prices.

 Oil industry in Japan In recent years, oil made up the highest share of energy consumption in Japan. Since the country lacks domestic reserves of fossil fuels, it is heavily dependent on imports. Most of Japan’s crude oil imports came from Middle Eastern countries such as Saudi Arabia and the United Arab Emirates. Nevertheless, Japan's oil consumption has decreased significantly since 1995. It only shortly increased after the nuclear disaster in Fukushima in 2011, when nuclear energy was replaced by fossil fuels. In more recent years, the figures indicated a decline in oil consumption as Japan aims to diversify its energy mix to be less dependent on fossil fuel imports and to increase its self-sufficiency rate of primary energy.

Naphtha fell to 545.84 USD/T on July 3, 2025, down 1.02% from the previous day. Over the past month, Naphtha's price has risen 3.27%, but it is still 22.66% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Naphtha - values, historical data, forecasts and news - updated on July of 2025.