Gasoline is up by 11.51%

Gasoline increased 11.51% to 2.2685 USD/Gal

US gasoline futures rebounded above $2.02 per gallon, the highest level in five months, following gains in oil after Iranian state media said Tehran would not allow enriched uranium to leave the country. The remarks signaled persistent strains in ongoing US-Iran nuclear talks in Geneva, heightening fears that a breakdown could disrupt supplies from the OPEC producer. The negotiations are in their third round, just days before President Donald Trump’s deadline for a deal. Earlier, Omani mediators described the discussions as constructive. Also, the latest EIA data showed US gasoline inventories fell by 1 million barrels to 254.8 million in the week ended February 20, exceeding expectations for a 560,000-barrel draw.

Gasoline increased to 2.03 USD/Gal, the highest since September 2025. Over the past 4 weeks, Gasoline gained 8.44%, and in the last 12 months, it decreased 9.77%.