Gasoline futures in the US traded above the $2.7 per gallon mark, rebounding slightly from the four-week low of $2.69 touched on April 22nd amid a fresh decline in domestic inventories. The latest report from the EIA showed that gasoline stocks fell by 634 thousand barrels on the week ending April 19th, extending the 1.15 million barrel draw from the earlier week, and magnifying the press on supply amid the sharper-than-expected 6.38 million decline in crude oil stocks. Supply concerns were also present in foreign markets, amid continued pressure on the capacity of Russian refineries due to maintenance issues, floods, and attacks from Ukrainian drones. Still, gasoline futures remained below the one-year high of $2.82 from earlier in April as eased concerns of geopolitical unrest in the Middle East lowered the risk premium on petrol-derived commodities.

Gasoline increased 0.64 USD/GAL or 30.03% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Gasoline reached an all time high of 4.33 in June of 2022. Gasoline - data, forecasts, historical chart - was last updated on April 26 of 2024.

Gasoline increased 0.64 USD/GAL or 30.03% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline is expected to trade at 2.83 USD/GAL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.05 in 12 months time.



Price Day Month Year Date
Crude Oil 83.95 0.186 0.22% 3.19% 12.29% Apr/26
Brent 89.27 0.158 0.18% 4.52% 14.12% Apr/26
Natural gas 1.97 -0.0147 -0.74% 14.74% -16.29% Apr/26
Gasoline 2.77 -0.0019 -0.07% 3.51% 10.95% Apr/26
Heating Oil 2.57 0.0137 0.54% -1.31% 9.18% Apr/26
Ethanol 1.71 0 0% 8.06% -29.48% Apr/25
Naphtha 688.95 1.61 0.23% -2.92% 1.91% Apr/25
Propane 0.81 0.002 0.25% -1.39% -0.23% Apr/25
Uranium 86.10 -2.7000 -3.04% -1.03% 60.34% Apr/25
Methanol 2,527.00 -4.00 -0.16% 1.12% 5.82% Apr/26


Gasoline
Gasoline is the largest single volume refined product sold in the United States accounting for almost half of national oil consumption. The NYMEX Division New York harbor unleaded gasoline futures contract and reformulated gasoline blendstock for oxygen blending (RBOB) futures contract trade in units of 42,000 gallons (1,000 barrels). They are based on delivery at petroleum products terminals in the harbor, the major East Coast trading center for imports and domestic shipments from refineries in the New York harbor area or from the Gulf Coast refining centers. The Gasoline prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Gasoline prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
2.76 2.77 4.33 -1.00 2005 - 2024 USD/GAL Daily