Gasoline RBOB Sep '16 (RBU16)
Gasoline RBOB Futures Market News and Commentary
October WTI crude oil (CLV26) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26) closed up +0.0268 (+0.88%).
Crude oil and gasoline prices moved sharply higher on Monday, with crude climbing to a 1-week high. Renewed tensions in the Middle East boosted crude prices on Monday after the US and Iran exchanged attacks for the first time in a month. The attacks are fueling concern that military escalation could further curtail shipping through the Strait of Hormuz, further reducing global energy supplies.
Crude prices jumped on Monday as tensions in the Middle East flared. The US Central Command said it targeted Iranian rocket launchers preparing to send mines into the Strait of Hormuz, and Iran retaliated by firing missiles and drones at US air bases in Jordan and the United Arab Emirates. Crude prices added to their gains on Monday when Axios reported that President Trump is weighing limited strikes against Iran to prevent their rebuilding capabilities... Read more
Barchart · Mon Aug 31, 3:13PM CDT
Don’t overlook the major Friday news from the White House, which could be critical for SLB, says our top chart strategist.
Barchart · Mon Aug 31, 2:13PM CDT
October WTI crude oil (CLV26 ) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0268 (+0.88%). Crude oil and gasoline...
Barchart · Mon Aug 31, 2:12PM CDT
October Nymex natural gas (NGV26 ) on Monday closed up +0.047 (+1.63%). Nat-gas prices settled higher on Monday as forecasts for triple-digit temperatures...
Barchart · Mon Aug 31, 1:04PM CDT
Tesla is raising U.S. Cybertruck prices by $5,000 on the Dual Motor AWD and Premium AWD models, reversing its earlier strategy of cutting prices to support...
Barchart · Mon Aug 31, 12:35PM CDT
August just flipped the commodity script. Grains rallied HARD into harvest (not the usual drop):Corn → multi-year highsWheat → 3-year highs on Black...
Barchart · Mon Aug 31, 10:26AM CDT
October WTI crude oil (CLV26 ) is up +1.82 (+2.18%) today, and October RBOB gasoline (RBV26 ) is up +0.0122 (+0.40%). Crude oil and gasoline prices are...
Barchart · 1 hour ago
Corn futures rounded out August with contracts up 1 to 3 1/2 cents on the session. There were 90 deliveries issued against September corn on First Notice...
Barchart · 1 hour ago
Cotton futures posted 170 to 180 point gains across most front month contracts. Crude oil was $2.91 per barrel, with the US dollar index $0.293 lower....
Barchart · 1 hour ago
The wheat complex is facing some month end pressure to close out August. Chicago SRW contracts posted 3 ¾ to 10 ¼ cent losses, as contracts were 15 to...
Barchart · 1 hour ago
Lean hog futures were in rally mode to round out August trade, with gains of 95 cents to $1.85 at midday. USDA’s national base hog price was reported...
Barchart · 1 hour ago
Soybeans saw strength to close out Monday trade, with contracts steady to 7 cents higher, led by the deferreds. September was down a penny. The cmdtyView...
Barchart · 1 hour ago
Live cattle futures posted gains of 45 to 95 cents on Monday, with August expiring up $1.50 at $220.75. Last week’s cash trade was mostly $220-222 late...
Barchart · Mon Aug 31, 4:00PM CDT
Bill Gates believes AI could trigger major economic upheaval, with $20-an-hour workers potentially losing jobs to $10-an-hour robots. Here's what the AI...
Barchart · Mon Aug 31, 3:53PM CDT
Wells Fargo downgrades PG&E shares to "Equal Weight." Here’s why analyst Shahriar Pourreza recommends caution in playing PCG shares.