Gasoline RBOB Mar '13 (RBH13)
Gasoline RBOB Futures Market News and Commentary
September WTI crude oil (CLU26) on Tuesday closed down -4.57 (-5.69%), and September RBOB gasoline (RBU26) closed down -0.1145 (-3.86%).
Crude oil and gasoline prices sold off sharply on Tuesday for a second day, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing hopes that the US and Iran are moving to a deal to reopen the Strait of Hormuz are weighing on crude prices. Also, an increase in Saudi oil exports through the Red Sea is boosting global crude supplies and undercutting oil prices.
Crude prices fell sharply on Tuesday after a Qatari spokesman said a proposed resolution “is being circulated between the US and Iran,” cautioning that a deal has not yet been reached. Crude prices extended their losses today when Treasury Secretary Bessent said: “There is a chance we may have a deal on Tuesday or Wednesday to open the strait.” Also, the key Saudi export port of Yanbu in the Red Sea had its busiest day on Monday si... Read more
Barchart · Tue Aug 4, 2:26PM CDT
What Are Wheat Producers Seeing That Traders Aren't? Weather headlines and geopolitical tensions grab attention, but wheat keeps struggling to hold its...
Barchart · Tue Aug 4, 2:15PM CDT
September WTI crude oil (CLU26 ) on Tuesday closed down -4.57 (-5.69%), and September RBOB gasoline (RBU26 ) closed down -0.1145 (-3.86%). Crude oil and...
Barchart · Tue Aug 4, 2:13PM CDT
September Nymex natural gas (NGU26 ) closed down -0.099 (-3.56%) on Tuesday. Nat-gas prices retreated on Tuesday amid news of larger US supplies and forecasts...
Barchart · Tue Aug 4, 10:35AM CDT
September WTI crude oil (CLU26 ) today is down -3.77 (-4.72%), and September RBOB gasoline (RBU26 ) is down -0.1201 (-4.05%). Crude oil and gasoline prices...
Barchart · Tue Aug 4, 10:12AM CDT
ConocoPhillips has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
Blue Line Futures · Tue Aug 4, 9:25AM CDT
Crude found some footing Monday after Sunday night's sharp gap lower, with dip buyers stepping in through the US session even though the bigger institutional...
Barchart · 10 minutes ago
Howmet Aerospace raised its quarterly dividend by 16.7% to $0.14 per share on July 27, reflecting strong free cash flow and confidence in the ongoing aerospace...
Barchart · 1 hour ago
The wheat complex was under pressure on Tuesday, with the three markets falling lower. Chicago SRW contracts were 11 to 14 cents in the red. KC HRW futures...
Barchart · 1 hour ago
Cotton futures were down 8 to 22 points in the front months with other contracts, up 2 to 40 points. Crude oil was down $5.20 per barrel, with the US dollar...
Barchart · 1 hour ago
Lean hog futures posted Tuesday gains of 32 to 62 cents at the close. USDA’s national base hog price was reported at $99.65 on Tuesday afternoon, up...
Barchart · 1 hour ago
Live cattle futures posted gains of 85 cents to $1.72 across the board on Tuesday. Cash trade was at $232-233 last week, with a few at $235. Trade has...
Barchart · 1 hour ago
Soybeans were pressured by weaker products, crude and a wetter forecast on Tuesday, with contracts steady in some deferreds to down 15 cents in the nearbys....
Barchart · 1 hour ago
Corn futures closed out the Tuesday session falling lower, down 2 to 7 cents across most contracts at the close. Crude oil, down $5.20, added pressure....
Barchart · Tue Aug 4, 3:44PM CDT
As prediction markets shake up sports betting, Michael Burry is betting the odds will swing back in DraftKings' favor.