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Gasoline RBOB Aug '21 (RBQ21)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
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 Wed, Jun 16th, 2021.
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 Closes at a Fresh 2-1/2 Year High on the Outlook for Global Energy Demand to Improve

July WTI crude oil (CLN21) on Tuesday closed up +1.24 (+1.75%), and July RBOB gasoline (RBN21) closed down -.0007 (-0.03%).

July crude oil and gasoline prices on Tuesday settled mixed, with crude at a fresh 2-1/2 year high.  Crude prices continued to climb on the outlook for global energy demand to increase as a faster pace of Covid vaccinations allows economies to reopen.  A bearish factor for energy prices was Tuesday's 1-month high in the dollar index.

An increase in Chinese gasoline demand is a positive for crude prices as estimates from China's top oil companies show China May gasoline demand was 5% higher than the same period in 2019.

IHS Markit on Tuesday said that crude prices are likely to stay above $70 a barrel amid increasing summer demand and current supply constraints from OPEC+.

Crude oil prices have support from doubts about efforts to finalize a nuclear deal with Iran.  Iran's foreign ministry on Monday said that there was "very little time l... Read more

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