Gasoline Price OutlookGasoline prices trended higher in late January and early February, in tandem with the recovery in crude oil prices. On 8 February, reformulated blendstock for oxygenate blending (RBOB) gasoline traded at USD 1.79 per gallon. This was up 18.9% from the same day in January and was 15.1% higher on a year-to-date basis, although was down 4.8% from the same day last year. The rally came amid signs of tightened global crude oil supply this year following OPEC’s output quota agreement for H1 2019. Moreover, a jump in demand, likely fueled by the freezing temperatures across the Midwest, also supported prices.
Gasoline Price History Data (USD per Gallon, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Gasoline Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.