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Gasoline RBOB Jan '23 (RBF23)

[[ 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 Tue, May 21st, 2024.
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 Lower on Dollar Strength and Energy Demand Concerns

June WTI crude oil (CLM24) on Tuesday closed down -0.54 (-0.68%), and June RBOB gasoline (RBM24) closed down -2.99 (-1.18%).

Crude oil and gasoline prices posted moderate losses on Tuesday for a second day.  A stronger dollar on Tuesday was bearish for energy prices.  Also, Fed comments Tuesday signal policymakers want to keep interest rates higher for longer, which could weigh on economic growth and energy demand.  Fed Governor Waller said he needs to see "several more" months of good inflation figures to begin interest rate cuts.

Higher than-expected Russian crude output is bearish for oil prices.  According to Bloomberg calculations based on official data, Russian crude production in April was 9.418 million bpd, more than +300,000 bpd above the 9.1 million bpd target Russia agreed to with OPEC+.  Also, Russian crude processing averaged 5.45 million bpd in the first half of May, up 4% above April's level as refineries recovered from Ukrainian drone strikes.  In additio... Read more

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