Gasoline Price OutlookGasoline prices tanked in recent weeks alongside tumbling crude oil prices. On 7 June, reformulated blendstock for oxygenate blending (RBOB) gasoline traded at USD 1.89 per gallon, which was down 21.6% from the same day in May. The price was 21.3% higher on a year-to-date basis but was down 13.2% from the same day last year. Concerns over the global economy and the impact of U.S. tariffs on energy demand, paired with EIA data showing a sharp rise in U.S. crude oil inventories in late May, sent oil prices into a tailspin. Moreover, gasoline stocks also climbed higher, offsetting robust seasonal demand at the start of the summer driving season.
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
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