Gasoline RBOB Jul '22 (RBN22)
Gasoline RBOB Futures Market News and Commentary
May WTI crude oil (CLK26) on Friday closed down -10.84 (-11.45%), and May RBOB gasoline (RBK26) closed down -0.1589 (-5.02%). Crude oil and gasoline prices plummeted on Friday, with crude falling to a 5-week low and gasoline sliding to a 1-week low. Energy prices sank on Friday after Iran said the Strait of Hormuz is now "completely open" to commercial shipping, paving the way for a peace deal to end the war and potentially freeing up millions of barrels of crude oil and fuel stuck inside the Persian Gulf. The prospects for a formal peace agreement also solidified when Israel and Lebanon agreed to a 10-day ceasefire on Thursday, and the truce held up on Friday.
Crude prices came under pressure on Friday after Axios reported that the US and Iran are negotiating over a plan to end the war, with one element under discussion being that the US would release $20 billion in frozen Iranian assets in return for Iran giving up its stockpile of enriched uranium.
Persian Gulf oi... Read more
Peter Mooses · Fri Apr 17, 2:22PM CDT
Crude oil futures are experiencing a sharp and sudden shift in sentiment, driven primarily by geopolitical developments rather than underlying supply-demand...
Barchart · Fri Apr 17, 2:20PM CDT
May WTI crude oil (CLK26 ) on Friday closed down -10.84 (-11.45%), and May RBOB gasoline (RBK26 ) closed down -0.1589 (-5.02%). Crude oil and gasoline...
Barchart · Fri Apr 17, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Friday closed up +0.027 (+1.02%). Nat-gas prices settled higher on Friday amid concerns that summer-like US spring temperatures...
Barchart · Fri Apr 17, 10:39AM CDT
May WTI crude oil (CLK26 ) today is down -11.82 (-12.48%), and May RBOB gasoline (RBK26 ) is down -0.2138 (-6.76%). Crude oil and gasoline prices have...
TradingView · Fri Apr 17, 9:13AM CDT
Negotiations between the U.S. and Iran continue, but the Strait of Hormuz remains closed, and the global economy is already feeling the impact.
Blue Line Futures · Fri Apr 17, 9:05AM CDT
Update: A ceasefire deal between Israel and Lebanon was “announced” yesterday mid-morning. The headline, followed up by a tweet from President Trump,...
Barchart · 18 minutes ago
The wheat complex closed with winter wheat weakness, with spring wheat higher on Friday. Chicago SRW futures were steady in some deferreds to 7 1/4 cents...
Barchart · 18 minutes ago
Lean hog futures closed Friday with contracts down a tick to 67 cents, as June was down $2.67 this week. USDA’s national base hog price was reported...
Barchart · 18 minutes ago
Cotton futures posted gains of 44 to 170 points across the board on Friday, with May rallying 418 points on the week. The US dollar index was $0.045 higher...
Barchart · 18 minutes ago
Corn futures closed the Friday session with most contracts fractionally to 2 ½ cents higher, shrugging off early weakness. July was an exception, down...
Barchart · 18 minutes ago
Soybeans closed with Friday gains of ½ to 4 ¾ cents across the board, with Marh slipping 8 ½ cents on the week. The cmdtyView national average Cash...
Barchart · 18 minutes ago
Live cattle futures closed Friday seeing some strength off the lows but closing down 22 to 87 cents. April was down $1.82 this week. Cash trade has picked...
Barchart · 57 minutes ago
United Airlines shares rally as Iran declares the Strait of Hormuz fully open. UAL stock is still relatively inexpensive to own in 2026.
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +1.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.79%, and the Nasdaq 100 Index...
