Gasoline RBOB Sep '23 (RBU23)
Gasoline RBOB Futures Market News and Commentary
August WTI crude oil (CLQ26) today is down -0.88 (-1.22%), and August RBOB gasoline (RBQ26) is down -0.0891 (-2.93%).
Crude oil and gasoline prices gave up an early advance today and turned lower as prices whipsawed on various news headlines. Crude prices initially jumped after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime infrastructure. However, crude gave up its advance and turned lower after President Trump said that the US would continue peace talks with Iran. Â
Crude prices are under pressure today after an American official said that talks between the US and Iran over a permanent peace deal are continuing, as the US is still committed to finding a diplomatic solution with Iran. Also, Al Jazeera reported that Qatar said it supports all efforts to defuse US-Iran tensions.
Signs of mounting global supplies also weigh down crude prices after the International Energy Agency said in a monthly report today that the United Arab Em... Read more
Barchart · 1 hour ago
August WTI crude oil (CLQ26 ) today is down -0.88 (-1.22%), and August RBOB gasoline (RBQ26 ) is down -0.0891 (-2.93%). Crude oil and gasoline prices gave...
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