Gasoline RBOB Sep '23 (RBU23)
Gasoline RBOB Futures Market News and Commentary
June WTI crude oil (CLM26) today is down -7.13 (-6.97%), and June RBOB gasoline (RBM26) closed down -0.1780 (-4.92%). Â Crude oil and gasoline prices are plunging today, with crude falling to a 2-week low and gasoline sliding to a 1-week low. Â Optimism that a US-Iran peace deal is near at hand is hammering energy prices today. Â Crude prices added to their losses on a bearish weekly EIA inventory report. Â
Crude prices plummeted today after Axios reported that the US believes it’s close to an agreement with Iran to end the nearly 10-week war.  The US sees Iran responding within 48 hours to a one-page memorandum of understanding to end the war, which would include both sides lifting restrictions on the Strait of Hormuz. Â
The US believes it’s close to an agreement with Iran to end the war, and President Trump suspended a military initiative to guide stranded ships through the Strait of Hormuz and said, “Great progress has been made toward a complete and final agreement with... Read more
TradingView · Wed May 6, 11:35AM CDT
The Strait of Hormuz remains closed, energy prices are high, yet companies are still reporting strong results. Still, risks remain.
Barchart · Wed May 6, 10:40AM CDT
After adding nearly 4.4 cents during the just finished positioning week, the Soybean Oil market increased its vulnerability to a fund-driven selloff.
Barchart · Wed May 6, 10:37AM CDT
June WTI crude oil (CLM26 ) today is down -7.13 (-6.97%), and June RBOB gasoline (RBM26 ) closed down -0.1780 (-4.92%). Crude oil and gasoline prices...
Blue Line Futures · Wed May 6, 6:15AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 653)
Barchart · Tue May 5, 2:18PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed down -4.15 (-3.90%), and June RBOB gasoline (RBM26 ) closed down -0.1176 (-3.15%). Crude oil and gasoline...
Barchart · Tue May 5, 2:16PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.079 (-2.76%). Nat-gas prices retreated on Tuesday as flows to US liquefied natural gas (LNG)...
Barchart · 4 minutes ago
Super Micro stock soars as impressive Q4 guidance overshadows a major revenue miss in the third quarter. Rosenblatt Securities recommends buying SMCI shares...
Barchart · 13 minutes ago
AMD stock rallies on stellar Q1 earnings and encouraging future guidance. But Barchart data suggests AMD shares are not out of juice just yet.
Barchart · 13 minutes ago
XPeng Motors' stock is trading near its 52-week lows. Is XPEV stock a buy after the recent sluggishness?
Barchart · 20 minutes ago
Estée Lauder reshapes its global workforce as Wall Street weighs whether restructuring can unlock sustained stock upside.
Barchart · 27 minutes ago
July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.56 (-3.64%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -15.00 (-3.32%). Sugar...
Barchart · 29 minutes ago
July ICE NY cocoa (CCN26 ) on Wednesday closed up +61 (+1.50%), and July ICE London cocoa #7 (CAN26 ) closed up +37 (+1.21%). Cocoa prices extended this...
Barchart · 30 minutes ago
July arabica coffee (KCN26 ) on Wednesday closed down -5.90 (-2.04%), and July ICE robusta coffee (RMN26 ) closed up +35 (+1.04%). Coffee prices on Wednesday...
Barchart · 47 minutes ago
The iPhone maker is reportedly in talks with Intel to manufacture its processors.
