 |
Louisiana Light • 2 days | 83.47 | +0.70 | +0.85% | ||
|
Bonny Light • 2 days | 84.38 | +0.37 | +0.44% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% | ||
|
Mars US • 188 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.549 | +0.017 | +0.67% |
|
Bonny Light • 2 days | 84.38 | +0.37 | +0.44% | ||
|
Girassol • 2 days | 85.24 | +0.29 | +0.34% | ||
|
Opec Basket • 2 days | 83.60 | +0.00 | +0.00% |
|
Peace Sour • 14 hours | 72.19 | +0.61 | +0.85% | ||
|
Light Sour Blend • 14 hours | 75.24 | +0.61 | +0.82% | ||
|
Syncrude Sweet Premium • 14 hours | 82.19 | +0.61 | +0.75% | ||
|
Central Alberta • 14 hours | 72.59 | +0.61 | +0.85% |
|
Eagle Ford • 2 days | 75.47 | +0.61 | +0.81% | ||
|
Oklahoma Sweet • 2 days | 75.50 | +0.50 | +0.67% | ||
|
Kansas Common • 9 days | 69.25 | -3.00 | -4.15% | ||
|
Buena Vista • 4 days | 83.20 | +0.37 | +0.45% |
The current price of gasoline today is $2.55 per gallon. Live charts, historical data, futures contracts, and breaking news on gasoline prices can be found below.
Increased adoption of electric vehicles in the United States and China is expected to put a major dent in gasoline…
The energy industry has so far this year been the second-best performer on the U.S. stock market, right after communications.…
Global oil demand in the summer is expected to be strong as consumption of transportation fuels is set to rise…
Rising seasonal demand and higher crude oil prices have resulted in the highest average U.S. gasoline prices in…
The latest surge in gasoline prices at the pump, something we detailed last week (read:
US oil prices have recently jumped above the $80 a barrel mark - the highest level since late…
Gasoline prices are on the rise, climbing nearly $0.30/gallon since the beginning of the year. What you may not realize…
It couldn’t have come at a worse time. Refinery outages in the United States are colliding with the beginning of…
The recent rise in U.S. gasoline prices is driving up inflation higher than expected, complicating the Fed’s monetary easing plans…
In an attempt to show that they are finally taking heed of the rapidly aggravating problem of air…
By John Kemp, senior market analyst Global stocks of diesel and other middle distillates are below normal and prices could…
Prices at U.S. gas stations have ticked upwards after two weeks of declines, with the escalating situation in the Red…
Retail gasoline prices in the United States continued to fall on Friday, landing at $3.088…
The price of Uzbekistan's most sought-after automobile gasoline, AI-80, has significantly risen since January 1 after the temporary…
The last week of the year may have seen gasoline prices rise for U.S. drivers, but the new year has…
Oil prices have spiked and could remain elevated as companies try and find…
Diesel and other distillate inventories are higher now than they were this time last year, suggesting that a tight global…
There could be more presents under the tree this year for U.S. drivers, with gasoline prices plummeting to their lowest…
Gasoline prices are on the way down, and I am seeing a lot of chatter from people who…
Lower seasonal demand and falling crude oil prices have helped the average U.S. price of a gallon of…
Gasoline futures are financial contracts that empower traders to buy or sell a specified amount of gasoline at a predetermined price on a future date. These contracts provide a valuable tool for managing risk, allowing participants to hedge against price fluctuations or capitalize on market opportunities.
The prices of gasoline futures are closely linked to the global oil market and are influenced by a myriad of factors. Economic indicators, geopolitical events, and supply-demand dynamics all play a crucial role in determining the trajectory of gasoline prices. Futures contracts enable participants to navigate and respond to these market forces effectively.
Crude Oil Prices: Gasoline prices are intricately tied to the cost of crude oil, as it is a primary component in gasoline production.
Global Demand: Fluctuations in global demand for gasoline impact futures prices, especially in regions with significant consumption. “Driving season” is typically when demand is at its peak.
Refinery Capacity: The capacity and efficiency of refineries influence the supply of gasoline and, consequently, prices. When refineries require maintenance, which is typically carried out in the fall maintenance season, supply will drop.
Geopolitical Events: Political instability in oil-producing regions can lead to supply disruptions, affecting gasoline prices.
Gasoline futures are closely correlated with crude oil prices, as crude oil is a primary input in gasoline production. Traders often monitor crude oil markets to anticipate potential movements in gasoline futures.
Yes, businesses can use gasoline futures to hedge against price fluctuations. For instance, a transportation company heavily reliant on gasoline can enter into futures contracts to manage fuel costs and reduce financial risk.
Global demand is a significant factor influencing gasoline futures. Changes in consumer habits, economic growth, and transportation needs around the world impact the demand for gasoline and subsequently affect futures prices.
Refinery capacity directly impacts the supply of gasoline. Any disruptions or changes in refining efficiency can influence the availability of gasoline in the market, leading to price fluctuations in gasoline futures.
Geopolitical events in oil-producing regions can disrupt the supply chain, leading to fluctuations in gasoline prices. Traders closely monitor geopolitical developments to assess potential impacts on gasoline futures.
Yes, individuals can trade gasoline futures through brokerage accounts. It's essential for individual traders to understand market dynamics, risk management strategies, and factors influencing gasoline prices to make informed decisions.
