Gasoline futures traded above $2.2 a gallon, rebounding from a 2-month low of $2.1 touched earlier in the week, in tandem with oil prices as investors grew optimistic that demand will recover despite the Covid-19 threat. Meantime, latest data from the EIA showed gasoline inventories fell less than expected. US gasoline inventories fell by 0.121 million barrels in the July 16th week, following a 1.039 million increase in the previous period and compared with market consensus of a 1.043 million drop.

Historically, Gasoline reached an all time high of 3.63 in July of 2008. Gasoline - data, forecasts, historical chart - was last updated on July of 2021.

Gasoline is expected to trade at 2.37 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 2.80 in 12 months time.

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Gasoline


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.
Energy Price Day Weekly Monthly YTD Date
Crude Oil
USD/Bbl
 72.1700 0.26 0.36% 0.50% -1.54% 48.74% Jul/23
Brent
USD/Bbl
 74.2100 0.42 0.57% 0.84% -1.79% 43.26% Jul/23
Natural gas
USD/MMBtu
4.0450 0.04 1.05% 10.10% 18.34% 59.31% Jul/23
Gasoline
USD/Gal
 2.2934 0.02 0.89% 1.77% 0.55% 62.64% Jul/23
Heating oil
USD/Gal
 2.1361 0.00 0.16% 1.08% -1.21% 43.94% Jul/23
Ethanol
USD/Gal
 2.3200 0.00 0.00% 0.00% -6.45% 61.90% Jul/23
Naphtha
USD/T
 672.07 0.15 0.02% -0.32% 6.05% 55.32% Jul/23
Propane
USD/Gal
 1.09 0.00 0.16% -0.87% 13.03% 69.34% Jul/23
Uranium
USD/Lbs
 32.4500 0.05 -0.15% 0.15% -0.46% 5.70% Jul/23
Methanol
CNY
 2,611.00 73.00 -2.72% -1.43% 1.60% 8.07% Jul/23

Metals Price Day Weekly Monthly YTD Date
Gold
USD/t.oz
 1,801.45 5.24 -0.29% -0.52% 1.48% -5.01% Jul/23
Silver
USD/t.oz
 25.165 0.29 -1.14% -1.93% -2.96% -4.53% Jul/23
Platinum
USD/t.oz
 1,061.50 30.95 -2.83% -3.72% -2.81% -0.42% Jul/23

Agricultural Price Day Weekly Monthly YTD Date
Soybeans
USd/Bu
 1,400.0000 16.25 -1.15% -3.76% 2.10% 7.14% Jul/23
Wheat
USd/Bu
 682.7500 9.50 -1.37% -1.41% 4.84% 6.60% Jul/23
Lumber
USD/1000 board feet
 628.90 18.10 -2.80% 17.24% -25.34% -27.97% Jul/23
Palm Oil
MYR/T
 4,271.00 150.00 3.64% 3.24% 24.85% 18.64% Jul/23
Cheese
USD/Lbs
 1.6060 0.01 -0.37% -0.62% -2.37% -2.43% Jul/23
Milk
USD/CWT
 16.59 0.02 0.12% -0.54% -3.60% 5.00% Jul/23
Rubber
JPY/Kg
 210.20 5.20 2.54% 0.86% -11.79% -21.80% Jul/21
Orange Juice
USd/Lbs
 137.90 2.90 2.15% 7.57% 16.22% 11.89% Jul/23
Coffee
USd/Lbs
 191.75 1.90 -0.98% 18.95% 25.82% 49.51% Jul/23
Cotton
USd/Lbs
 89.73 0.54 -0.60% -1.04% 4.30% 14.86% Jul/23
Cocoa
USD/T
2,321.00 4.00 0.17% 0.04% 0.26% -10.83% Jul/23
Rice
USD/cwt
 13.6000 0.06 0.44% 2.80% 2.76% 11.11% Jul/23
Canola
CAD/T
 882.00 0.70 0.08% -3.87% 11.77% 40.11% Jul/23
Oat
USd/Bu
 461.5000 22.75 5.19% 5.85% 22.58% 27.93% Jul/23
Wool
AUD/100Kg
 1,428.00 0.00 0.00% 0.00% -2.72% 21.95% Jul/23
Sugar
USd/Lbs
 18.10 0.48 2.72% 2.20% 6.91% 16.85% Jul/23
Tea
USD/Kgs
 3.34 0.00 0.00% 0.00% 25.56% 16.38% Jul/23
Corn
USd/BU
 546.2500 18.25 -3.23% -1.75% -16.38% 12.86% Jul/23

Livestock Price Day Weekly Monthly YTD Date
Beef
BRL/Kg
 20.35 0.00 0.00% 0.00% -0.83% 12.18% Jul/23
Feeder Cattle
USd/Lbs
 160.0750 1.88 1.19% 2.86% 1.86% 15.20% Jul/23
Live Cattle
USd/Lbs
 121.2250 0.43 0.35% 0.87% -1.30% 5.39% Jul/23
Lean Hogs
USd/Lbs
 107.2500 0.60 0.56% 1.51% 7.22% 52.61% Jul/23
Poultry
BRL/Kgs
 7.78 0.00 0.00% 1.43% 5.14% 29.45% Jul/23

Industrial Price Day Weekly Monthly YTD Date
Copper
USD/Lbs
 4.4630 0.12 2.72% 3.01% 3.57% 26.83% Jul/23
Coal
USD/T
 146.17 0.01 -0.01% -1.64% 17.06% 79.97% Jul/23
Steel
CNY/T
 5,600.00 79.00 1.43% 2.71% 15.04% 32.70% Jul/23
Iron Ore
USD/T
 204.50 4.50 -2.15% -8.09% -5.76% 29.02% Jul/23
Lithium
CNY/T
 89,000.00 0.00 0.00% 0.00% 0.00% 91.40% Jul/23
Bitumen
CNY/T
 3,142.00 4.00 -0.13% -1.87% -6.38% 31.91% Jul/23
Cobalt
USD/T
 52,500.00 0.00 0.00% 0.00% 15.25% 63.09% Jul/23
Lead
USD/T
 2,413.50 7.00 -0.29% 4.43% 9.26% 22.16% Jul/23
Aluminum
USD/T
 2,507.25 41.25 1.67% 0.78% 3.21% 26.58% Jul/23
Tin
USD/T
 34,377.50 317.50 0.93% 2.16% 11.99% 69.22% Jul/23
Zinc
USD/T
 2,975.75 41.50 1.41% -0.48% 2.08% 8.17% Jul/23
Nickel
USD/T
 19,373.00 458.50 2.42% 1.66% 5.15% 17.03% Jul/23
Molybdenum
USD/Kg
 42.75 0.00 0.00% 0.00% -15.35% 81.91% Jul/23
Palladium
USD/t.oz
 2,672.34 45.56 -1.68% 1.61% 1.21% 9.18% Jul/23
Rhodium
USD/t oz.
 18,600.00 100.00 -0.53% -5.58% -3.38% 9.41% Jul/23
Gallium
CNY/Kg
 2,075.00 0.00 0.00% -1.19% -3.26% 19.25% Jul/23
Germanium
CNY/Kg
 7,800.00 0.00 0.00% 1.30% 2.63% 9.86% Jul/23
Manganese
CNY/T
 32.75 0.00 0.00% 0.00% 1.55% 4.80% Jul/23
Indium
CNY/Kg
 1,115.00 0.00 0.00% 0.00% -1.76% -6.30% Jul/23
Soda Ash
CNY/T
 1,977.50 0.00 0.00% 3.97% 7.12% 47.57% Jul/23
Neodymium
CNY/T
 720,000.00 0.00 0.00% 8.27% 23.61% 15.66% Jul/23
Tellurium
CNY/Kg
 567.50 0.00 0.00% -0.87% -2.58% 22.04% Jul/23
Iron Ore 62% fe
USD/T
 216.03 2.22 1.04% -1.70% 1.07% 38.62% Jul/23

Index Price Day Weekly Monthly YTD Date
CRB Index
Index Points
 230.20 0.28 0.12% 1.89% 3.39% 29.11% Jul/23
LME Index
Index Points
 4,187.60 0.00 0.00% 0.10% 1.64% 22.64% Jul/23
S&P GSCI
Index Points
 2,596.51 3.89 0.15% 0.82% 1.34% 31.34% Jul/23
Nuclear Energy Index
USD
 1,325.26 5.32 0.40% -0.77% -1.56% 5.48% Jul/23
Solar Energy Index
USD
 418.27 8.86 -2.07% 2.04% 1.40% -10.38% Jul/23
EU Carbon Permits
EUR
 50.95 0.16 0.32% -3.67% -7.52% 55.72% Jul/23
Wind Energy Index
USD
 348.18 3.50 -1.00% 0.82% -2.06% -8.41% Jul/23