Gasoline RBOB Sep '26 (RBU26)
Gasoline RBOB Futures Market News and Commentary
September WTI crude oil (CLU26) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26) closed down -0.0253 (-0.80%).
Crude oil and gasoline prices settled sharply lower on Tuesday for a third day, with crude falling to a 1-week low. Crude prices added to Monday’s sharp losses on Tuesday on optimism over negotiations to reopen the Strait of Hormuz. Tensions in the Middle East have also eased and are weighing on crude prices as the US and Iran held off on further attacks for a fourth day.
Optimism that ongoing negotiations between Iran and Oman could lead to the reopening of the Strait of Hormuz is weighing on oil prices. President Trump on Tuesday said that there was a “good chance” that talks would make progress.
However, tensions remain high in the Middle East as the US maintains its blockade of Iranian oil shipments in the Persian Gulf. Also, President Trump on Tuesday said that the US would “take out” Pickaxe Mountain, an Iranian facilit... Read more
Barchart · Tue Jul 28, 2:15PM CDT
September WTI crude oil (CLU26 ) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26 ) closed down -0.0253 (-0.80%). Crude oil and...
Barchart · Tue Jul 28, 2:14PM CDT
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Barchart · Tue Jul 28, 10:38AM CDT
September WTI crude oil (CLU26 ) today is down -3.25 (-3.93%), and September RBOB gasoline (RBU26 ) is down -0.0304 (-0.96%). Crude oil and gasoline prices...
OptionMetrics · Tue Jul 28, 10:37AM CDT
Oil is back in the news, with a situation seemingly similar to that of last March: escalating hostilities, constraints in the Straits of Hormuz, and renewed...
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