| Product | Region | Incoterm Basis | Price | Last Updated Month |
| Gasoline | USA | FOB | USD 1.16/Liter | April 2026 |
| Gasoline | Saudi Arabia | FOB | USD 0.62/Liter | April 2026 |
| Gasoline | Russia | FOB | USD 0.96/Liter | April 2026 |
| Gasoline | China | FOB | USD 1.37/Liter | April 2026 |
| Gasoline | India | FOB | USD 1.09/Litre | April 2026 |
| Gasoline | USA | FOB | USD 1.13/Liter | March 2026 |
| Gasoline | Saudi Arabia | FOB | USD 0.61/Liter | March 2026 |
| Gasoline | Russia | FOB | USD 0.90/Liter | March 2026 |
| Gasoline | China | FOB | USD 1.35/Liter | March 2026 |
| Gasoline | India | FOB | USD 1.07/Litre | March 2026 |
Stay updated with the latest Gasoline prices, historical data, and tailored regional analysis
Asia
In China, gasoline prices moved up from about 1.02 RMB/kg (Spot FD) in January and around 1.23 RMB/kg in March. The prices surged particularly in the last month of the quarter, reflecting a 16.5% increase from February to March. Limited Middle Eastern crude exports through the Strait of Hormuz, combined with refinery processing cuts, fueled the spike. India, heavily reliant on Gulf LPG and crude, faced similar pressure as regional supply shortages forced petrochemical plants to cut output. Both countries partially offset the supply gap through alternative imports from Kazakhstan and Russia, but tight domestic refining capacity and sustained industrial demand continue to support elevated prices.
Europe
European gasoline prices are under upward pressure as emergency releases from OECD stockpiles temporarily eased supply gaps. Imports from the Middle East declined sharply, though non-OPEC+ producers partially offset losses. Strong seasonal demand for transportation fuels and limited refinery maintenance windows in Germany, Italy, and France reinforced price support. European refiners are navigating constrained feedstock availability while meeting high demand, keeping spot prices elevated.
North America
In the U.S. and Canada, gasoline prices have risen moderately, driven mainly by crude cost inflation and regional refinery utilization. Emergency crude releases from OECD inventories helped prevent sharper price spikes. Strong domestic consumption, especially in the Northeast and Midwest, coupled with limited alternative imports, has maintained upward momentum. Canadian pipeline and storage constraints have also restricted the ability to fully balance supply, sustaining prices.
Analyst Insight
According to Procurement Resource, gasoline prices are likely to remain firm in the short term, following persistent crude market strength and ongoing geopolitical uncertainty.
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| Product | Category | Region | Price | Last Updated Month |
| Gasoline | Operating Costs, Logistics and Utilities | China | 1039 USD/MT | October 2025 |
| Gasoline | Operating Costs, Logistics and Utilities | China | 1012 USD/MT | December 2025 |
Asia
The Asian gasoline market during the fourth quarter experienced a downward trend through most of the period before staging a modest recovery in the final weeks. The prices were about 1039 USD/MT (Spot FD) in October and around 1012 USD/MT in December. Prices declined steadily through the opening and middle portions of the quarter as adequate refinery output met moderate demand from transportation sectors. The competitive landscape of new energy vehicles continued to exert pressure on traditional gasoline consumption, while seasonal factors provided limited support.
Market participants maintained cautious procurement strategies amid uncertain economic signals and evolving fuel consumption patterns. The latter portion of the quarter witnessed prices reaching their lowest levels before stabilizing and recovering modestly as year-end demand considerations and inventory management prompted increased buying activity. Refining margins faced pressure throughout most of the period, though operational rates remained relatively stable. Export activity adjusted to regional price dynamics, while import flows responded to domestic supply-demand balances.
Europe
European gasoline markets demonstrated mixed trends during the fourth quarter. Multiple supply constraints converged to create unusually tight market conditions, including uncertainties surrounding Russian firm operations and their European downstream assets, widespread refinery maintenance activities, and persistent barge loading delays that limited product availability for storage. Refiners increasingly shifted production toward diesel to capture favourable distillate margins, further tightening gasoline supply as global diesel availability contracted.
Regional export volumes declined notably while import requirements increased to address elevated prompt supply tightness, reflecting the severity of market constraints. However, competitive pressures from West African refining capacity expansion, particularly pricing adjustments from major facilities, introduced potential headwinds that may moderate margin strength going forward.
North America
North American gasoline markets experienced sustained price weakness throughout the fourth quarter, with benchmark quotations declining across multiple regions. Inventories accumulated on the Gulf Coast while demand indicators remained disappointing, with consumption trailing year-ago levels during the traditional holiday travel period.
Underlying futures contracts declined steadily through the quarter, contributing to weakening outright prices across coastal and inland markets. East Coast inventories remained near seasonal record lows despite weak pricing, as reduced import flows and regional supply-demand dynamics created localized tightness. Blending activity slowed considerably in response to elevated finished product stocks.
Gasoline, a mixture of flammable liquid hydrocarbons, is a derivative product of crude oil/petroleum that is widely used as a fuel in internal combustion engines. It has become one of the most popular automobile fuels owing to its high energy of combustion and capacity to mix readily with air in a carburetor.
It can have many different compositions to meet a host of engine performance specifications. It is produced as a by-product during the manufacture of kerosene in the petroleum industry.
Solvent for oils and fats, Aviation gasoline, Automobile gasoline
Gas or Petrol
Gazprom PAO, Royal Dutch Shell Plc, Exxon Mobil Corporation, PetroChina Company Limited, BP Plc
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The manufacturing of Gasoline begins with the processing of crude oil or petroleum in an oil refinery.Gasoline is obtained after the fractional distillation of petroleum, where the process is enhanced with a variety of additives.
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This report gives an economic analysis of syngas production through the steam reforming process. Syngas formation is strongly endothermic, thus, demands high temperatures.
This report provides the cost structure of gasoline production by the fractional distillation process. The fractional distillation of crude oil is done to separate components of different boiling point.
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