Gasoline (also called petrol in many countries) is a refined petroleum product consisting of a complex mixture of hydrocarbons, primarily in the C4 to C12 carbon range, with a boiling range of approximately 30°C to 215°C (86°F to 419°F). It is produced from crude oil through distillation, catalytic cracking, reforming, alkylation, and blending operations. Gasoline is the predominant fuel for spark-ignition internal combustion engines used in automobiles, motorcycles, small aircraft, and light-duty vehicles. Its key performance characteristic is the octane number, which measures resistance to autoignition (knock). Modern gasoline formulations also contain oxygenates such as ethanol or MTBE to improve combustion efficiency and reduce emissions, as well as detergent additives, antioxidants, and corrosion inhibitors. It is a highly flammable, volatile liquid and is one of the most widely consumed energy products in the world.
How About the Price?
Key Influence Events
Data source: UN Comtrade public trade statistics (https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202607&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true) | Last updated: 2026-11-07
Price Trajectory, latest 12 months (2025-08 to 2026-07)
The monthly customs export unit value for HS 271012 moved from USD 583.43/ton in 2025-08 to USD 807.15/ton in 2026-07 (+38.3% across the window). The window high was USD 917.60/ton in 2026-05 and the low USD 557.78/ton in 2026-01. Three-month averages put the latest quarter +22.9% against the previous one, which is read here as bullish.
The same panel reported USD 104,439.6 million of export value on 154,716,445 tonnes over the twelve months, an average of 12,893,037 tonnes a month. Values are customs returns for the stated HS heading, so they capture the traded mix of that heading rather than a single quoted grade.
2026-08 is deliberately not in the series: of the 11 economies that make up this page's fixed panel, 9 had filed both value and net weight for this heading when the page was re-checked on 2026-11-07 (the heading drew 18 filers in total that month); neither 2026-09 nor 2026-10 drew a single filing for this heading. Splicing a partly-filed month onto a fixed panel would move the unit value through composition alone, so the window stays at 2026-07 until the whole panel for 2026-08 has reported.
HS 271012 is the light-oils heading, so it carries finished gasoline together with other light petroleum preparations and blending components; the unit value is a heading-level figure rather than a single-grade quote.
Supply-side factors
- Fixed reporting panel of 11 economies: BRA (76), CAN (124), CZE (203), FIN (246), DEU (276), GTM (320), HUN (348), MYS (458), NLD (528), SWE (752), USA (842). The panel is held constant in every month of the window so month-to-month movement is not a composition effect.
- Monthly unit value range over the window: USD 557.78 to USD 917.60/ton.
- Latest month, 2026-07: USD 807.15/ton, -4.2% against the previous month, on 12,870,598 tonnes.
Demand-side factors
- Gasoline demand is driven by road transport, with the traded mix split between finished grades and blending components and seasonal specification switches shaping regional arbitrage.
- Related market pages on this site: Naphtha, Crude Oil and Mixed C4; see also Blended Solvent Oil, another light-distillate pool from the same cut.
Basis: these are customs unit values for the stated HS heading, not quoted spot, contract or assessed prices, and no paid price assessment is used or redistributed on this page. Every figure can be re-checked at the API links listed at the end of this page.
Top Countries Production Capacity
| Property | Typical Value / Range | Unit | Grade / Standard |
|---|
Data Sources
Price and volume figures are derived from the directly verified public sources below. The customs unit values are USD/ton; they are not subscription price assessments. Grade-level specifications are not restated here: confirm them with the supplier. Every monthly endpoint used for the series on this page is listed below, together with the HS classification reference.
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202508&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202509&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202510&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202511&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202512&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202601&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202602&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202603&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202604&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202605&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202606&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/public/v1/preview/C/M/HS?reporterCode=156,842,699,410,276,528,356,360,764,458,724,40,56,251,380,616,826,124,76,484,792,682,784,704,490,702,643,36,710,818,364,203,348,300,620,372,208,246,752,578,320,508&period=202607&cmdCode=271012&partnerCode=0&flowCode=X&includeDesc=true
- https://comtradeapi.un.org/files/v1/app/reference/HS.json
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