Gasoline RBOB Oct '24 (RBV24)
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 · 1 hour ago
While Mosaic is all geared up to release its first-quarter earnings in the near term, analysts are anticipating a double-digit bottom-line drop.
Barchart · Fri Apr 17, 11:11PM CDT
Global Payments is poised to release its first-quarter results shortly, with analysts projecting a modest, single-digit uptick in earnings.
Barchart · Fri Apr 17, 11:02PM CDT
WEC Energy is poised to announce its first-quarter results shortly, and analysts are anticipating a single-digit increase in earnings.
Barchart · Fri Apr 17, 10:58PM CDT
Axon Enterprise is set to report its first-quarter results shortly, and analysts are anticipating a triple-digit surge in earnings, underscoring its strong...
Barchart · Fri Apr 17, 10:54PM CDT
Gartner is poised to report its first-quarter results shortly, and analysts are expecting a marginal rise in its EPS.
Barchart · Fri Apr 17, 6:00PM CDT
Three Dividend Kings with 50+ years of raises combine reliable income, solid growth, and analyst support, making them stand out in a shaky market.
Barchart · Fri Apr 17, 4:41PM CDT
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 · Fri Apr 17, 4:41PM CDT
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...
