Gasoline RBOB Oct '24 (RBV24)
Gasoline RBOB Futures Market News and Commentary
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26) closed up +0.1120 (+3.73%). Â Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US to lift a naval blockade of Iran's vessels. Â Also, the US Navy fired upon and boarded an Iranian-flagged cargo ship in the Gulf of Oman, the first seizure in the US blockade of the Strait of Hormuz, which threatens to derail US-Iran peace talks. Â Crude prices extended their advance on Monday after President Trump said it's "highly unlikely" he will extend the ceasefire with Iran after Wednesday. Â
Escalating tensions in the Middle East are keeping the Strait of Hormuz closed and supporting energy prices. Â The UK reported Saturday that a tanker was approached by Iranian gunboats off the coast of Oman before being fired at, and an unknown projectile hit a container ship in a separate incident. Â In... Read more
Barchart · Mon Apr 20, 2:17PM CDT
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices...
Barchart · Mon Apr 20, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Monday closed up +0.015 (+0.56%). Nat-gas prices rose to a 1.5-week high on Monday and settled higher as US weather forecasts...
Barchart · Mon Apr 20, 10:30AM CDT
May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply...
Gold Price Forecast · Mon Apr 20, 10:13AM CDT
This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.
Barchart · Mon Apr 20, 8:00AM CDT
The past decade has taught has to predict what will be said, and why, leading to the rise of predictive market websites as "trading" platforms, among other...
Barchart · Mon Apr 20, 7:44AM CDT
DTE Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit profit dip.
Barchart · 1 minute ago
McKesson is expected to unveil its fourth-quarter results next month, and analysts are projecting a double-digit profit increase.
Barchart · 5 minutes ago
Intercontinental Exchange is expected to release its fiscal first-quarter earnings at the month-end, and analysts project a notable earnings increase.
Barchart · 8 minutes ago
EOG Resources is gearing up to announce its Q1 results by early May, and analysts expect its EPS to rise in the low single digits.
Barchart · 13 minutes ago
Targa Resources is anticipated to report its first-quarter earnings next month, and analysts project a triple-digit boost in its profitability.
Barchart · 16 minutes ago
Motorola Solutions is expected to release its fiscal first-quarter earnings soon, and analysts predict its earnings will fall marginally.
Barchart · 20 minutes ago
A Morgan Stanley analyst has picked Datadog and JFrog as top picks in its software AI list.
Barchart · 26 minutes ago
IDEXX Laboratories is ready to release its fiscal first-quarter earnings next month, and analysts project a double-digit profit growth.
Barchart · 28 minutes ago
Huntington Ingalls is scheduled to report its first-quarter results next month, and analysts are projecting a modest, low-single-digit decline in earnings....
