Gasoline RBOB May '18 (RBK18)
Gasoline RBOB Futures Market News and Commentary
October WTI crude oil (CLV26) closed down -2.05 (-2.35%) on Monday, and October RBOB gasoline (RBV26) closed down -0.0780 (-2.56%).
Crude oil and gasoline prices settled sharply lower on Monday on signs that crude supplies are moving through the Strait of Hormuz. Also, Monday’s dollar strength weighed on energy prices.
Crude prices were under pressure on Monday after Axios reported that about 40 tankers transited out of the Strait of Hormuz last Friday night, transporting around 16 million bbl of crude. Also, the Joint Maritime Information Center cut the threat level for shipping in the Gulf of Oman to “moderate,” one step lower than the previous assessment. The moderate assessment means the threat of attack on shipping off the coast of Oman is possible but not likely.
US Treasury Secretary Scott Bessent on Monday said that the US announced a campaign to sever Iran from the global economy, warning that any country doing business with Iran risks facing US sanct... Read more
Barchart · Mon Aug 24, 2:16PM CDT
October WTI crude oil (CLV26 ) closed down -2.05 (-2.35%) on Monday, and October RBOB gasoline (RBV26 ) closed down -0.0780 (-2.56%). Crude oil and gasoline...
Barchart · Mon Aug 24, 2:14PM CDT
September Nymex natural gas (NGU26 ) on Monday closed up +0.009 (+0.32%). Nat-gas prices settled higher on Monday amid forecasts for record-high temperatures...
Blue Line Futures · Mon Aug 24, 1:34PM CDT
Crude is lower this morning as the Treasury and White House pivot away from military strikes on Iran and toward economic sanctions instead. Separately,...
Barchart · Mon Aug 24, 10:29AM CDT
October WTI crude oil (CLV26 ) is down -2.06 (-2.35%) today, and October RBOB gasoline (RBV26 ) is down -0.0820 (-2.69%). Crude oil and gasoline prices...
EdgeClear · Mon Aug 24, 8:01AM CDT
Natural gas futures have spent the past several weeks compressing near the lower end of a broad consolidation range between the 2.6 and 3.33 areas, with...
Barchart · Mon Aug 24, 7:03AM CDT
What happens when seasonality, inflation, crude oil, and interest rates all begin pointing toward the same trade?The euro is approaching a 75-day seasonal...
Barchart · 10 minutes ago
Monolithic Power’s outperformance has been hard to miss, and analyst sentiment remains decidedly favorable.
Barchart · Mon Aug 24, 6:30PM CDT
Treasuries have reclaimed the yield advantage, with fewer than 4% of S&P 500 stocks now yielding more than the 10-year Treasury (near 4.69%), compared...
Barchart · Mon Aug 24, 4:53PM CDT
Cotton futures closed the Monday session with contracts up 21 to 54 points across most months. Crude oil was down $2.08 with the US dollar index $0.191...
Barchart · Mon Aug 24, 4:53PM CDT
Soybeans were under pressure from bean oil on Monday, with contracts down 4 to 15 ½ cents across most months, led by the nearbys. The cmdtyView national...
Barchart · Mon Aug 24, 4:53PM CDT
Corn futures faded from the early session highs, but ended the Monday session with gains of 3 to 7 ¾ cents across most contracts. The CmdtyView national...
Barchart · Mon Aug 24, 4:53PM CDT
The wheat complex posted mostly weaker trade on Monday, with a few Chicago contracts higher. Chicago SRW contracts closed deferred contracts 1 ¼ cents...
Barchart · Mon Aug 24, 4:53PM CDT
Live cattle futures saw weakness across the board on Monday, down $1.87 to $4.32 at the close. Cash trade was quiet on Monday, with most compiling showlists....
Barchart · Mon Aug 24, 4:53PM CDT
Lean hog futures were weaker at the Monday close, with contracts steady to 37 cents lower, as October was up 25 cents. USDA’s national base hog price...