Gasoline/petrol pump in car gas tank

Gasoline Price Outlook

Gasoline 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)

2013  2014  2015  2016  2017  2018  
Gasoline2.92  2.66  1.94  1.44  1.72  2.04  

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

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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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