Gasoline RBOB Apr '20 (RBJ20)
Gasoline RBOB Futures Market News and Commentary
August WTI crude oil (CLQ26) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26) closed up +0.1495 (+5.06%).
Crude oil and gasoline prices settled sharply higher on Wednesday, with crude rising to a 2-week high and gasoline climbing to a 1-month high. Crude prices are soaring amid escalation of hostilities between the US and Iran, which threatens to close shipping in the Strait of Hormuz and curb global oil supplies. Wednesday’s weekly EIA report was mixed for crude oil and products.Â
Crude prices rose sharply on Wednesday after the US launched strikes against more than 80 targets in Iran in response to Iran attacking commercial shipping in the Strait of Hormuz. Also, President Trump said the ceasefire with Iran is over, raising the prospect of renewed hostilities in the region that could disrupt energy supplies.
Crude prices extended their gains on Wednesday after President Trump said the US will probably launch further strikes on Iran and co... Read more
WealthUp · 3 minutes ago
America's ceasefire with Iran looks all but over, and oil prices have started to rebound. These energy ETFs are among the top beneficiaries.
Barchart · 13 minutes ago
Plug Power's major green hydrogen win in Australia gives investors a fresh reason to watch the stock.
Barchart · 17 minutes ago
Oil pricing is a balance of two curves. Bears look only at stagnating demand, ignoring depleting cheap reserves and soaring capex. Meanwhile, geopolitical...
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26 ) closed up +0.1495 (+5.06%). Crude oil and gasoline...
Barchart · 1 hour ago
August Nymex natural gas (NGQ26 ) on Wednesday closed down -0.053 (-1.62%). Nat-gas prices on Wednesday fell from a 1.5-week high and settled lower on...
Blue Line Futures · Wed Jul 8, 1:39PM CDT
President Trump declared the ceasefire over this morning after reports were confirmed yesterday morning that Iran had struck a tanker passing through the...
Barchart · 14 minutes ago
Plug Power's major green hydrogen win in Australia gives investors a fresh reason to watch the stock.
Barchart · 18 minutes ago
Oil pricing is a balance of two curves. Bears look only at stagnating demand, ignoring depleting cheap reserves and soaring capex. Meanwhile, geopolitical...
Barchart · 20 minutes ago
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Barchart · 1 hour ago
The dollar index (DXY00 ) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from...
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) on Wednesday closed up +3.08 (+4.37%), and August RBOB gasoline (RBQ26 ) closed up +0.1495 (+5.06%). Crude oil and gasoline...