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Gasoline RBOB Jul '23 (RBN23)
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Gasoline RBOB Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Gasoline RBOB prices and Gasoline RBOB futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Fri, Jun 2nd, 2023.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Gasoline RBOB Historical Prices page.

Gasoline RBOB Futures Market News and Commentary

Crude Settles Higher on Dollar Weakness and Strong Economic Reports

July WTI crude oil (CLN23) on Thursday closed up +2.01 (+2.95%), and July RBOB gasoline (RBN23) closed down -0.76 (-0.31%).  

Crude oil and gasoline prices Thursday settled mixed.   A decline in the dollar index Thursday to a 1-week low was bullish for energy prices.   Also, the House passage of the debt ceiling deal sparked a rally in stocks and other risk assets such as crude.  A negative factor for energy prices was the bearish weekly EIA inventory report.  

Stronger-than-expected global economic news Thursday temporarily eased energy demand concerns and was bullish for crude prices.  The China May Caixin manufacturing PMI unexpectedly rose +1.4 to 50.9, stronger than expectations of no change at 49.5.  Also, the U.S. May ADP employment change rose +278,000, stronger than expectations of +170,000.  In addition, Japan's Q1 capital spending ex-software rose +10.0% y/y, stronger than expectations of +3.7% y/y and the biggest increase in 4-3/4 years.

Strength in U.S... Read more

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