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.

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).

View weekly updates and historical trends for US Retail Gas Price. from United States. Source: Energy Information Administration. Track economic data with…

U.S. gasoline prices decreased across all fuel grades in July 2025 when compared to the month before. Regular gasoline prices rose to an average of 3.17 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2024, annual prices had decreased again slightly, reaching 2014 levels.

Gasoline Prices in the United States remained unchanged at 0.81 USD/Liter in November. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-12-01 about gas, commodities, and USA.

View monthly updates and historical trends for California Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts an…

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 Prices in India decreased to 1.06 USD/Liter in November from 1.07 USD/Liter in October of 2025. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Prices in Russia decreased to 0.83 USD/Liter in November from 0.84 USD/Liter in October of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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US Gasoline Market Size 2023-2027

The US gasoline market size is forecast to decrease by -258 mn L, at a CAGR of -4.18% between 2022 and 2027.

The Gasoline Market in the US is driven by the increasing number of automobiles and the rise in oil and gas production. These factors contribute to the market's growth, as the demand for gasoline continues to escalate. However, the market faces challenges due to the fluctuation in prices of gasoline. This volatility can significantly impact market dynamics, making it essential for companies to navigate these price swings effectively. The oil industry's production levels, geopolitical tensions, and economic conditions are key factors influencing gasoline prices.
To capitalize on market opportunities and mitigate challenges, companies must adopt strategic initiatives such as price differentiation, supply chain optimization, and innovation in fuel efficiency technologies. By staying agile and responsive to market trends and price fluctuations, market participants can effectively position themselves for long-term success in the Gasoline Market.

What will be the size of the US Gasoline Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2017-2021 and forecasts 2023-2027 - in the full report.
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The gasoline market in the US is influenced by various factors, including the composition of gasoline, energy policy impact, fuel additives chemistry, and fuel demand forecasting. The refining process of crude oil plays a significant role in producing high-quality gasoline that meets consumer preferences and regulatory requirements. Gasoline pricing models are shaped by the cost of crude oil, production process, and fuel market analysis. Fuel blending technology and gasoline quality assurance are crucial in optimizing engine performance and reducing emissions. Innovations in engine performance optimization and emissions reduction technologies continue to shape the gasoline industry. Fuel efficiency optimization and fuel policy analysis are essential in assessing the environmental impact of gasoline use.
The future of gasoline involves research into fuel alternatives, such as renewable fuels, and the development of new testing methods for fuel quality assessment. The use of fuel additives and their chemistry plays a vital role in enhancing fuel performance and reducing emissions. The gasoline industry remains dynamic, with ongoing efforts to improve fuel production processes and respond to changing consumer preferences and regulatory requirements.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD mn L' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Type

  Regular
  Premium


End-user

  Transportation
  Power generation
  Others


Geography

  North America

    US

By Type Insights

The regular segment is estimated to witness significant growth during the forecast period.

The US gasoline market is a significant sector within the global energy industry, shaped by various factors including consumer behavior, climate change, and technological advancements. Regular gasoline, a hydrocarbon mixture derived from crude oil, is the most commonly used fuel for standard internal combustion engines. It typically contains around 10% ethanol for octane enhancement, with an octane rating of 87 or 88. Higher-performance engines may require higher-octane fuels to prevent engine damage from knocking or pinging. The petroleum industry's refining process produces regular gasoline, which is distributed through an extensive pipeline infrastructure to retailers. Gasoline retailing involves marketing and selling the fuel to consumers, with prices influenced by factors such as crude oil prices, taxes, and regional variations.

Government regulations play a crucial role in the gasoline market, with emissions standards and fuel efficiency requirements driving innovation in fuel technology. Alternative fuels, such as ethanol blends, renewable fuels, and electric vehicles, are gaining popularity due to their environmental benefits and potential to reduce carbon emissions. Fuel efficiency standards, such as Corporate Average Fuel Economy (CAFE) regulations, have led to advancements in engine performance and fuel economy. Fuel additives, including biofuel additives and octane enhancers, are used to improve fuel quality and performance. Geopolitical influences and fuel volatility can impact the gasoline market, with supply chain disruptions and price fluctuations affecting both domestic and international markets.

The energy sector's transition towards sustainable fuels and decarbonization is also shaping the future of the gasoline market. Regular gasoline remains widely available and affordable,

On October 27, 2025, the price of ultra-low sulfur unleaded petrol (gasoline) in the United Kingdom averaged 134.4 pence per liter. This compared to 143.26 pence per liter for diesel. Diesel prices were consistently higher than petrol/gasoline prices throughout this period, although the margin varied. Reasons for such differences in pricing lie in the refining process and molecular makeup of the products, with diesel requiring more complex refining processes and being an overall heavier liquid. As motor fuel pricing in the UK is not regulated by a monitoring body, there may also be notable differences in prices between retailers and regions. Supermarkets provide lowest fuel prices in the UK In the UK, much of the motor fuel is sold through supermarkets. Large supermarkets, or hypermarkets, account for more than 40 percent of all motor fuel sales in the country. The reason for their popularity often lies in the fact that they offer lower average prices. In the last four years, regular petrol/gasoline sold at supermarkets was up to six pence per liter cheaper than the national average. How UK fuel prices compare to the rest of the world Tied as they are to crude oil prices, motor fuels are generally cheapest in major producing countries, such as Iran, Venezuela, and Russia. In Europe, costs of importing the raw or finished products, in addition to taxes and levies, may hike up pump prices significantly. The UK is often among the countries with the highest petrol/gasoline prices, alongside other large European car markets such as France and Germany.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to Sep 2025 about energy, gas, retail, price, and USA.

In September 2025, one gallon of diesel cost an average of 3.75 U.S. dollars in the United States. That was an increase compared to the month prior, and higher than prices in September 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted since the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines and, as such, tend to be used for large commercial vehicles.

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 the United Kingdom increased to 1.80 USD/Liter in November from 1.78 USD/Liter in October of 2025. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View weekly updates and historical trends for Massachusetts Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts …

Discover the latest insights on the global gasoline market. This comprehensive analysis reveals market size, CAGR, key drivers, and regional trends through 2033, highlighting major players like Saudi Aramco and ExxonMobil. Explore the impact of EV adoption and fluctuating oil prices on future growth.

Gasoline Prices in Philippines remained unchanged at 0.96 USD/Liter in November. This dataset provides the latest reported value for - Philippines Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Market Outlook

The global gasoline market size is projected to witness significant growth, expanding from USD 1.5 trillion in 2023 to an estimated USD 2.1 trillion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.8%. The primary drivers of this market growth include increasing vehicle ownership worldwide, particularly in emerging economies, combined with advancements in refining technologies enhancing gasoline production efficiency. Additionally, the rising demand for efficient fuel solutions in the industrial and power generation sectors underscores the robust trajectory of this market.

One of the core growth factors for the gasoline market is the surge in the global automotive industry. With increasing disposable incomes and urbanization, particularly in developing regions, there is a marked rise in vehicle ownership. This, in turn, drives the demand for gasoline as a primary fuel source. The expanding vehicle fleet, encompassing both passenger and commercial vehicles, necessitates a steady and substantial supply of gasoline, further bolstering market growth. Moreover, the proliferation of hybrid vehicles, which still rely on gasoline engines for efficiency, contributes to sustained demand.

Technological advancements in refining processes also play a pivotal role in boosting the gasoline market. Innovations such as advanced catalytic cracking and reforming techniques have significantly improved gasoline yield and quality. These technologies not only enhance production efficiency but also reduce environmental impact, thereby meeting stringent emission norms. The adoption of such state-of-the-art refining technologies by major oil companies ensures a consistent supply of high-quality gasoline, supporting market growth. Additionally, the development of cleaner gasoline blends, mandated by environmental regulations, has opened new avenues for market expansion.

The industrial sector's demand for gasoline, particularly in power generation, is another critical growth driver. Despite the growing emphasis on renewable energy sources, gasoline remains a vital component in various industrial applications. Its high energy density and reliability make it a preferred choice for backup power generation and other industrial uses. Furthermore, the rising need for uninterrupted power supply in industrial operations, especially in remote areas with limited access to the power grid, fuels the demand for gasoline-powered generators, thereby contributing to market growth.

Regionally, the Asia Pacific region holds a prominent position in the global gasoline market. Countries like China and India, with their burgeoning population and rapid urbanization, are seeing an unprecedented increase in vehicle ownership. This surge drives the demand for gasoline substantially. Moreover, the ongoing industrialization and infrastructural development in these countries necessitate a steady supply of gasoline, further augmenting market growth. Additionally, favorable government policies and investments in refining capacity expansion in this region are expected to propel the market forward.

Type Analysis

The gasoline market is segmented by type into Regular, Midgrade, and Premium. Regular gasoline, often referred to as 87-octane fuel, dominates the market due to its widespread use in most standard vehicles. It is the most economical option for consumers and is extensively available across all regions. The affordability and efficiency of regular gasoline make it a preferred choice for the majority of vehicle owners, which in turn drives its substantial market share. Furthermore, advancements in engine technologies that optimize performance with regular gasoline help sustain its dominance in the market.

Midgrade gasoline, typically comprising 89-octane fuel, caters to a niche segment of vehicles designed to operate on a higher octane rating than regular gasoline. While not as commonly used as regular gasoline, midgrade fuel finds its application in specific vehicle models that benefit from its enhanced performance characteristics. The availability of midgrade gasoline at most fuel stations ensures that vehicle owners who require it have access to it. Market growth for midgrade gasoline is driven by a combination of consumer preference for performance optimization and the broader trend of automakers designing engines that can take advantage of higher octane fuels.

Premium gasoline, which generally has an octane rating of 91 or higher, is designed for high-performance and luxury vehicles that demand superior engine performance and effic