Historical Year Data · 2016
US Retail Gasoline (Weekly) in 2016
US Retail Gasoline (Weekly) opened 2016 at 2.03 and closed at 2.31, a +13.86% move for the year. The high of 2.4 was reached on June 13, and the low of 1.72 on February 15.
Open
2.03
2016-01
Close
2.31
52 data points
High
2.4
Jun 13
Low
1.72
Feb 15
Full Year Change
+13.86%
2015 Change
-8.13%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2.03 | 1.86 | 2.03 | 1.86 | -8.48% |
| Feb | 1.82 | 1.78 | 1.82 | 1.72 | -2.14% |
| Mar | 1.84 | 2.07 | 2.07 | 1.84 | +12.22% |
| Apr | 2.08 | 2.16 | 2.16 | 2.07 | +3.79% |
| May | 2.24 | 2.34 | 2.34 | 2.22 | +4.42% |
| Jun | 2.38 | 2.33 | 2.4 | 2.33 | -2.18% |
| Jul | 2.29 | 2.18 | 2.29 | 2.18 | -4.76% |
| Aug | 2.16 | 2.24 | 2.24 | 2.15 | +3.61% |
| Sep | 2.22 | 2.22 | 2.23 | 2.2 | +0.04% |
| Oct | 2.25 | 2.23 | 2.27 | 2.23 | -0.67% |
| Nov | 2.23 | 2.15 | 2.23 | 2.15 | -3.54% |
| Dec | 2.21 | 2.31 | 2.31 | 2.21 | +4.57% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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