Gasoline/petrol pump in car gas tank

Gasoline Price Outlook

Gasoline 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)

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

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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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