Premium gasoline: average price Germany 2024 | Statista (2024)

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Premium gasoline: average price Germany 2024 | Statista? ›

Fuel prices are currently more stable in Germany. As of April 2, 2024, one liter of Super E10 (or gasohol) fuel cost an average of around 183 euro cents.

Fuel prices are currently more stable in Germany. As of April 2, 2024, one liter of Super E10 (or gasohol) fuel cost an average of around 183 euro cents.

Average monthly price for premium gasoline in Germany 2020-2024. The price development for premium gasoline in Germany has continued to rise in recent months. As of February 2024, premium gasoline in Germany cost around 181 euro cents per liter. Figures refer to the monthly average.

Citing increased U.S. refinery capacity, the Energy Information Administration forecasts that gas prices will be lower overall in 2024, averaging $3.31 per gallon, compared to $3.52 last year.

As of March 2024, the average gas price is around $3.40 in the U.S., with Southern states seeing prices closer to $3.00. This is a slight reprieve from 2023 — and certainly 2022 — prices, but will it last?

In February 2024, premium gasoline in Germany cost an average of around 180 euro cents per liter.

The price of fuel at the pump is heavily influenced by the price of crude oil on the international markets. This volatile asset can swerve between high and low prices depending on the time of year, the political landscape and the levels of supply and demand.

Will gas be cheaper in 2024? ›

EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025. In our January Short-Term Energy Outlook (STEO), we expect average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity.

Prices at the pump typically rise in the first half of the year as more Americans get back on the road and refiners transition to less-polluting summer blends. But costs in 2024 have ramped up faster than normal, thanks largely to severe weather at home and geopolitical disruptions abroad.

U.S. gasoline prices are expected to average around $3.40 a gallon in 2024 and $3.20 in 2025, compared with around $3.50 in 2023, according to the EIA's Short Term Energy Outlook report.

The US has been the dominant LNG supplier to Germany since the first terminal came online at the end of 2022, with US LNG deliveries totaling 4.1 million mt last year, or 82% of total imports, S&P Global Commodity Insights data showed.

At the other end of the spectrum, Venezuelans pay just 1.6 cents for a gallon of gas, the cheapest price on the planet.

The price of fuel at the pump is heavily influenced by the price of crude oil on the international markets. This volatile asset can swerve between high and low prices depending on the time of year, the political landscape and the levels of supply and demand.

The service's gasoline price forecast for 2025 saw the fuel to rise to $3.673/gal by December 2025, and to $4.770 by January 2028.