Actual
3.2797
Daily Change
-0.03 -0.99%
Monthly
0.84%
Yearly
72.87%
Q4 Forecast
3.4300
Gasoline - Summary

US gasoline futures fell to around $3.30 a gallon, retreating from a one-week high, amid reports that EU countries are considering the release of diesel and oil reserves. European governments are discussing a French proposal following US pressure to ease elevated energy prices. President Trump has threatened a diesel export ban otherwise, despite acknowledging that such a measure could hurt gasoline prices, which have already eased from recent peaks following the end of the summer driving season. Nevertheless, global fuel markets remain tight as EIA data showed that US gasoline inventories fell by 1.7 million barrels in the week ended September 25th, while refinery utilization stood at 92.5%. Russia extended restrictions on most diesel exports through October, although it is considering a partial lift in case of overproduction as the domestic fuel market is reportedly balanced. China also suspended some of its oil-product exports to destinations beyond Hong Kong and Macau for October.

Gasoline - Stats

Gasoline fell to 3.30 USD/Gal on October 5, 2026, down 0.33% from the previous day. Over the past month, Gasoline's price has risen 1.51%, and is up 74.02% compared to the same time last year, 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 October 5 of 2026.

Gasoline - Forecast

Gasoline fell to 3.30 USD/Gal on October 5, 2026, down 0.33% from the previous day. Over the past month, Gasoline's price has risen 1.51%, and is up 74.02% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline is expected to trade at 3.43 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 3.81 in 12 months time.



Price Day Month Year Date
Crude Oil 90.35 -0.763 -0.84% -2.88% 46.45% Oct/05
Brent 102.00 -0.248 -0.24% 4.98% 55.80% Oct/05
Natural gas 3.03 -0.0064 -0.21% 3.86% -9.78% Oct/05
Gasoline 3.28 -0.0327 -0.99% 0.84% 72.87% Oct/05
Heating Oil 4.57 0.0699 1.55% 0.07% 103.67% Oct/05
Ethanol 2.02 0 0% -3.69% 6.32% Oct/02
Naphtha 825.53 -3.38 -0.41% 5.43% 54.14% Oct/02
Propane 0.91 0.01 1.15% 13.70% 33.08% Oct/02
Uranium 89.95 0.5000 0.56% 0.50% 11.05% Oct/02
Methanol 3,850.00 152.00 4.11% 23.64% 76.04% Sep/30



Related Last Previous Unit Reference
United States API Gasoline Stocks 2.99 -2.16 BBL/1Million Sep 2026
United States Gasoline Prices 1.15 1.07 USD/Liter Sep 2026
United States Gasoline Production -124.00 -54.00 Thousand Barrels Sep 2026
United States Gasoline Stocks Change -1684.00 -1686.00 Thousand Barrels Sep 2026

Gasoline
Gasoline is the largest refined petroleum product consumed in the United States, accounting for a significant share of total oil demand. It is a key fuel for transportation and an important indicator of consumer activity and economic conditions. Gasoline futures traded in the U.S. include reformulated gasoline blendstock for oxygen blending (RBOB), which is used as the benchmark for wholesale gasoline pricing. These contracts are traded on NYMEX and represent 42,000 gallons (equivalent to 1,000 barrels) per contract. Delivery is based at petroleum product terminals in New York Harbor, a major East Coast trading and distribution center for both domestic refinery output and imports. Gasoline prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.31 4.33 -1.00 2005 - 2026 USD/GAL Daily

News Stream
Gasoline Retreats Further
US gasoline futures fell to around $3.30 a gallon, retreating from a one-week high, amid reports that EU countries are considering the release of diesel and oil reserves. European governments are discussing a French proposal following US pressure to ease elevated energy prices. President Trump has threatened a diesel export ban otherwise, despite acknowledging that such a measure could hurt gasoline prices, which have already eased from recent peaks following the end of the summer driving season. Nevertheless, global fuel markets remain tight as EIA data showed that US gasoline inventories fell by 1.7 million barrels in the week ended September 25th, while refinery utilization stood at 92.5%. Russia extended restrictions on most diesel exports through October, although it is considering a partial lift in case of overproduction as the domestic fuel market is reportedly balanced. China also suspended some of its oil-product exports to destinations beyond Hong Kong and Macau for October.
2026-10-02
Gasoline Futures Retreat
US gasoline futures fell below $3.35 a gallon, retreating from a one-week high, amid reports that EU countries are considering the release of diesel and oil reserves. European governments are discussing a French proposal following US pressure to ease elevated energy prices. President Trump has threatened a diesel export ban otherwise, despite acknowledging that such a measure could hurt gasoline prices, which have already eased from recent peaks following the end of the summer driving season. Nevertheless, global fuel markets remain tight as EIA data showed that US gasoline inventories fell by 1.7 million barrels in the week ended September 25th, while refinery utilization stood at 92.5%. Russia extended restrictions on most diesel exports through October, although it is considering a partial lift in case of overproduction as the domestic fuel market is reportedly balanced. China also suspended some of its oil-product exports to destinations beyond Hong Kong and Macau for October.
2026-10-02
Gasoline Prices Hold Gains
US gasoline futures traded around $3.35 per gallon, holding most of their rebound from a four-week low, supported by tighter US fuel inventories and uncertainty over global energy supplies. EIA data showed US gasoline inventories fell by 1.7 million barrels in the week ended September 25, while refinery utilization declined to 92.5%. Global fuel markets remained tight as Russia extended restrictions on most diesel exports through October. China also suspended oil-product exports beyond Hong Kong and Macau in October, with PetroChina canceling some gasoline and jet fuel shipments, further tightening global fuel supplies. Meanwhile, the US urged Germany and France to release emergency diesel stocks or face a potential US diesel export ban. President Donald Trump acknowledged that a ban could hurt gasoline prices but has not ruled it out.
2026-10-01