Energy prices in the US fell by 1.6% year-on-year in July 2025, following a 0.8% decrease in the prior month, marking the sixth consecutive month of decreases. Gasoline prices fell further (-9.5% vs -8.3% in June), along with fuel oil (-2.9% vs -4.7%), while increases in utility piped gas (13.8% vs 14.2%) and electricity (5.5% vs 5.8%) moderated. On a monthly basis, energy prices declined by 1.1% in July, after a 0.9% rise in the prior month.