The American retail market for gasoline and diesel fuel is liberalized with plenty of different gas station chains and brands. Therefore, in general prices at the pump closely follow the dynamics in the price of crude oil. On the chart below, we show how changes in West Texas Intermediate (WTI) – the benchmark used throughout the US – affect fuel rates at the pump. The value of WTI usually differs from Brent, the international benchmark, as oil prices in the US depend on domestic production.





To see the latest updates please refer to the gasoline prices in the US.