This dataset contains world oil database from 2002-2021. Data from Joint Organisations Data Initiative. Follow datasource.kapsarc.org for timely data to advance energy economics research.
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.
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Gasoline rose to 2.17 USD/Gal on July 17, 2025, up 0.63% from the previous day. Over the past month, Gasoline's price has fallen 5.89%, and is down 13.51% 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.
Global oil production amounted to ************ barrels per day in 2024. The level of oil production reached an all-time high in 2024. However, the coronavirus pandemic and its impact on transportation fuel demand led to a notable decline in 2020. Rising production and consumption Apart from events surrounding global economic crisis as in the late 2000's and 2020, oil production consistently increased every year for the past two decades. Similarly, global oil consumption only decreased in 2008, 2009, and 2020, but has otherwise increased to a higher level year after year. Oil and oil products remain invaluable commodities as most transportation fuels are petroleum-based and oil is a major raw material for the chemicals industry. Production by region and country While total production is rising, regional distribution has shifted, with the share of production declining the most in Europe and the Commonwealth of Independent States (CIS) since 2008, and rising the most in North America. Even though as a region the Middle East still produces the largest share of oil worldwide, the United States is currently the worl'ds largest producer of oil, followed by Saudi Arabia and Russia.
The global demand for crude oil (including biofuels) in 2024 amounted to 103.75 million barrels per day. The source expects economic activity and related oil demand to pick up by the end of the year, with forecast suggesting it could increase to more than 105 million barrels per day. Motor fuels make up majority of oil demand Oil is an important and versatile substance, used in different ways and in different forms for many applications. The road sector is the largest oil consuming sector worldwide. It accounts for nearly one half of the global demand for oil, largely due to reliance on motor spirits made from petroleum. The OPEC projects global oil product demand to reach 120 million barrels per day by 2050, with transportation fuels such as gasoline and diesel expected to remain the most consumed products. Diesel and gasoil demand is forecast to amount to 32.5 million barrels per day in 2050, up from 29 million barrels in 2023. Gasoline demand is forecast at 27 million barrels by 2050. Differences in forecast oil demand widen between major energy institutions Despite oil producing bodies such as the OPEC seeing continued importance for crude oil in the future, other forecast centers have been more moderate in their demand outlooks. For example, between the EIA, IEA, and OPEC, the latter was the only one to expect significant growth for oil demand until 2030.
This is a report of city vehicles and actual MPG compared to EPA estimated MPG. Each line of data is a combination of all the active vehicles on the city’s telematics system broken down into year/make/model/standard type with fueling and usage data. The intent is for each line to represent the sticker MPG and the real-world MPG and how these compare to each other. The report can be found at https://www1.nyc.gov/assets/dcas/downloads/pdf/fleet/NYC-Fleet-Newsletter-306-May-27-2020-Hybrids-Work-Even-Better-in-Reality-Than-in-Theory.pdf.
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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
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Russia Average World Price: Diesel Fuel (Gasoil) data was reported at 556.400 USD/Ton in Dec 2018. This records a decrease from the previous number of 644.300 USD/Ton for Nov 2018. Russia Average World Price: Diesel Fuel (Gasoil) data is updated monthly, averaging 654.000 USD/Ton from Jan 2009 (Median) to Dec 2018, with 119 observations. The data reached an all-time high of 1,030.100 USD/Ton in Mar 2012 and a record low of 292.500 USD/Ton in Jan 2016. Russia Average World Price: Diesel Fuel (Gasoil) 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.
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Businesses in the Fuel Retailing industry have contended with volatile operating conditions. Fluctuating global crude oil, diesel fuel and petrol fuel prices have severely impacted the industry. A global oversupply of oil, compounded by sharply deteriorating demand because of the pandemic in 2019-20, reduced oil prices over the second half of that year. This trend filtered downstream through lower retail fuel prices, sharply reducing industry revenue in the same year. However, the Russia-Ukraine conflict caused a global crude oil supply deficit, heightening oil prices and boosting industry revenue as retailers passed costs on to customers. IBISWorld modelling projects revenue to climb by an annualised 4.4% over the five years through 2024-25 to $58.7 billion. This trend includes a dip of 4.5% in 2024-25, caused by a moderation of global crude oil prices. The industry's main fuel-related products are petroleum and diesel. Diesel sales have grown as more motorists have switched to diesel vehicles, which typically offer greater fuel economy. Energy-efficient hybrid or electric vehicles have become increasingly popular with motorists, threatening fuel demand. Industry profit margins are slim, with a high fuel turnover required to make a business viable. Most industry profit comes from selling non-fuel products like confectionery and tobacco. The recent hikes in US crude oil production are helping combat the deliberate slowing of OPEC+ drilling activity, which the alliance has performed to support crude oil prices. If plans to restart maximum capacity drillings come to fruition, world fuel prices will recede, providing relief at the bowser for domestic consumers and resulting in greater overall fuel consumption. Industry revenue is expected to strengthen at an annualised 1.1% through 2029-30 to $62.2 billion, partly thanks to a rising number of motor vehicles. Continued uptake of more fuel-efficient vehicles like hybrid cars is poised to constrain fuel demand growth. Still, the energy transition presents an opportunity for market domination for fuel retailers that adapt by rolling out EV charging stations.
The United States and China are the top largest consumers of oil in the world, totaling ********** and ************ barrels per day, respectively. In the last decade, the share of global oil consumption from Europe and North America have begun to decline, whereas consumption levels from Asia Pacific and other regions have risen. As other sources of energy become more cost effective and due to the prominence of new transportation technologies, oil consumption worldwide is expected to reach a peak in the near future. Refining oil Crude oil is refined into petroleum products, such as gasoline and diesel fuel, and used for a wide variety of products, although many refineries focus on transportation fuels. Generally, crude oil feedstocks are processed by an oil production plant and is an essential part of the downstream petroleum industry.
This shapefile includes arcs and polygons that describe U.S. Geological Survey delineated Total Petroleum Systems of the World. Each petroleum system is defined as a mappable entity encompassing genetically related petroleum that occurs in seeps, shows and accumulations (discovered or undiscovered) that have been generated by a pod, or by closely related pods, of mature source rock, together with the essental mappable geologic elements (source, reservoir, seal and overburden rocks) that control fundamental processes of generation, migration, entrapment and preservation of petroleum. Total petroleum systems are described by U.S. Geological Survey scientists on the basis of exploration and production histories, and extensive literature searches. Total petroleum systems are identified with a numeric code derived from the numeric code of the World Geologic Provinces as defined by the U.S. Geological Survey World Energy Project. Most total petroleum systems are contained within a single geologic province, but there are numerous cases where systems span more than one province. Summary results of the assessment are presented as attributes of this shapefile.
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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.
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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.
Road transportation is the greatest oil demanding sector in OECD (Organisation for Economic Co-operation and Development) member states. In 2023, 49.02 percent of all oil consumed in the OECD was related to motor vehicle usage. By comparison, the petrochemical sector which manufactures plastics, resins, and other petroleum-based products, only made up about an eighth of total demand. U.S. and China by far largest consumers The United States and China are the greatest oil consumers worldwide by a wide margin. In 2023, daily oil consumption in these countries amounted to 19 million barrels and 16.6 million barrels, respectively. Daily global crude oil demand, including biofuels, reached 102.21 million barrels in 2023, up from 99.57 million barrels in 2022. The future road sector Oil is used in numerous manufacturing processes and still accounts for a large chunk of primary energy supply worldwide. It is largely used to produce transportation fuels such as gasoline, diesel, and kerosene. As such, demand is also shaped by a growth or decline in internal-combustion engine vehicle usage and overall economic performance. During the 2020 pandemic, oil demand within the road sector decreased as lockdowns were enforced across the world. With many countries pushing for a wider adoption of electric vehicles, oil demand in the road sector is likely to be further affected going forward.
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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).
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High Frequency Indicator: The dataset contains day-wise compiled data from the year 2003 to till date on the Organization of the Petroleum Exporting Countries (OPEC) international basket price of crude oil
The OPEC basket or OPEC reference basket refers to the weighted mean or average of oil prices that OPEC member countries throughout the world maintain. The basket refers generally to a standard or set reference point for countries that analyze the oil prices and the consistency of the international oil market
Gasoline price of World sank by 27.61% from 1.34 US dollars per liter in 2014 to 0.97 US dollars per liter in 2016. Since the 15.57% jump in 2012, gasoline price plummeted by 31.21% in 2016. 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.
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Gasoline and petroleum bulk stations manage bulk storage tanks and terminals for crude oil and petroleum products, including gasoline, diesel fuel, fuel oil and liquid petroleum gases (LPGs). These bulk stations are often located near major refineries, ports and industrial centers to quickly and efficiently receive product and unload it to customers, playing an important role in the crude oil and petroleum products supply chain. Bulk stations can be as large as a multitank facility with the capacity to store millions of gallons of product or as small as a single-tank outpost that supplies gasoline to only a handful of retail gas stations. Performance is closely linked to the supply and demand for petroleum and petroleum products, as almost all revenue is tied up in purchasing these products from upstream refineries, while nearly the entirety of that revenue comes from selling them to downstream wholesalers and retailers. This has caused revenue to be volatile in recent years, as collapsing oil prices caused a sharp drop in the prices of crude oil amid the pandemic in 2020, followed by a steep jump in 2021 and 2022, followed by a normalization in the years since. However, year-to-year volatility is still intense, changing by more than 10.0% each year but one between 2015 and 2022. Revenue has increased at a CAGR of 14.2% to $1.1 trillion over the past five years, including a decline of 2.7% in 2025 alone as oil prices are on the downswing. It's important to note that this CAGR is artificially high, as revenue reached a 15-year low in 2020 amid the COVID-19 pandemic. The four-year and six-year CAGRs are below 5.0%. Moving forward, revenue is set to fall as oil prices continue to slide downward, though broader economic growth may temper this somewhat. The volume of oil and petroleum products supplied by downstream markets is forecast to expand, which will lead to significant investment in distribution infrastructure. This will expand the markets that bulk station operators can serve and stimulate downstream demand. However, \revenue is set to weaken at a CAGR of 0.4% to $1.1 trillion over the next five years.
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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.
This dataset contains oil stock change from 2017-2023. Data from U.S. Energy Information Administration. Follow datasource.kapsarc.org for timely data to advance energy economics research.Original dataset: EIA - World Oil Supply and Demand.
This dataset contains world oil database from 2002-2021. Data from Joint Organisations Data Initiative. Follow datasource.kapsarc.org for timely data to advance energy economics research.