Gasoline/petrol pump in car gas tank

Gasoline Price Outlook

Reformulated blendstock for oxygenate blending (RBOB) gasoline prices rose for most of January alongside crude prices, before a correction at the start of February brought them down to early January levels. On 9 February, the price settled at USD 1.82 per gallon, which was down 5.4% from the same day last month. Moreover, the price was 1.3% lower on a year-to-date basis and was up 3.6% from the same day last year. Gasoline prices were buoyed by a cold snap in the Midwest and northeastern U.S. that propelled demand, combined with tightening gasoline inventories in the second half of January. Conversely, reports of record-high U.S. oil crude production and rising inventories, a stronger dollar and the tumble in the stock market drove the fall in prices observed in February.

Gasoline Price History Data (USD per Gallon, aop)

2012  2013  2014  2015  2016  
Gasoline3.04  2.92  2.66  1.94  1.44  

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Gasoline Historical Price Chart


Gasoline historical price chart
Note: Reformulated Blendstock for Oxgenate Blending (RBOB) Gasoline, prices in USD per gallon (gal). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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