Why are Gas Oil Prices so high?
09-12-2025 - Over the past month, the price of Gas Oil has experienced a significant decline, falling from $774.75/t to $667.0/t. This drop suggests a notable shift in the raw material market, potentially due to changes in supply-demand dynamics or broader economic influences affecting pricing. The forecast predicts a further decrease to $651.25/t, representing a 2.4% decline from the current price of $667.0/t, indicating a general downward trend. This trend is accompanied by potential market volatility that could impact raw material prices.
The current forecast highlights a significant downward price impact of -$14.5/t, influenced by factors such as exchange rates and seaborne imports and exports. While demand and technical data suggest upward pressure, the flows and supply data point to a decline in raw material prices.
Additionally, the World Bank's analysis projects a global oil surplus of 2.3 million barrels per day in 2025, increasing to 4.0 million barrels per day in 2026. This anticipated oversupply is expected to exert downward pressure on oil prices, supporting the forecasted decline in the ICE Gas Oil market. This analysis aligns with the current market trends, indicating a continued decrease in Gas Oil prices.
The current forecast highlights a significant downward price impact of -$14.5/t, influenced by factors such as exchange rates and seaborne imports and exports. While demand and technical data suggest upward pressure, the flows and supply data point to a decline in raw material prices.
Additionally, the World Bank's analysis projects a global oil surplus of 2.3 million barrels per day in 2025, increasing to 4.0 million barrels per day in 2026. This anticipated oversupply is expected to exert downward pressure on oil prices, supporting the forecasted decline in the ICE Gas Oil market. This analysis aligns with the current market trends, indicating a continued decrease in Gas Oil prices.
What is the current / spot price of Gas Oil?
Gas Oil Price Today
December 9, 2025
Current Price
667
What is the forecast for the price of Gas Oil?
Gas Oil Price Forecast
December 9, 2025
1 Month Forecast
651.25
1 Year Forecast
834.25
What are the short-term drivers of Gas Oil prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Long term price trends - LPG imports to China Br(None) The top contrary drivers for the 1 Month horizon are: - Short term price trends - Seasonality trends for the prediction week of year - LPG imports to Malaysia
What are the long-term drivers of Gas Oil prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - EWMA-based technical analysis - LPG imports to Korea - Crude imports to China - LPG imports to Spain Br(None) The top contrary drivers for the 1 Year horizon are: - Long term price trends
Will the price of Gas Oil go up?
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