US gasoline futures fell to $2.11 per gallon, retreating from a three-month high after the EIA reported a larger-than-expected increase in gasoline inventories. Stocks rose by 5.852 million barrels in the week ending January 10, marking the third consecutive weekly build and surpassing forecasts for a 2.6 million-barrel increase. In contrast, crude inventories declined for the eighth consecutive week, hitting their lowest levels since April 2022 and marking the longest streak of draws since 2021. Meanwhile, oil prices eased from a five-month high as the market absorbed new sanctions on Russian crude and speculated on the possibility of President-elect Donald Trump softening these measures.
Gasoline increased 0.10 USD/GAL or 4.76% since the beginning of 2025, 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 January 20 of 2025.
Gasoline increased 0.10 USD/GAL or 4.76% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline is expected to trade at 2.06 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 2.22 in 12 months time.