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Gasoline RBOB Jun '16 (RBM16)

1.6149s -0.0170 (-1.04%) 05/31/16 [NYMEX]
N/A x N/A N/A x N/A
underlying price ()
Gasoline RBOB Prices for Tue, May 31st, 2016
Find the latest Gasoline RBOB prices and Gasoline RBOB futures quotes for all active contracts below.
Latest futures price quotes as of Wed, Feb 12th, 2025.
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Gasoline RBOB Futures Market News and Commentary

Crude Prices Fall on EIA Crude Build and US Proposals to End Ukraine War

March WTI crude oil (CLH25) Wednesday closed down -1.95 (-2.06%), and March RBOB gasoline (RBH25) closed down -0.0577 (-2.69%).

Crude oil and gasoline prices posted moderate losses on Wednesday.  Wednesday's rally in the dollar index (DXY00) to a 1-week high weighed on energy prices.  Also, Wednesday's fall in the S&P 500 to a 1-week low undercuts confidence in the economic outlook and energy demand.  Crude prices extended their losses Wednesday after weekly EIA crude inventories rose more than expected and after President Trump said he spoke with Russian President Putin and agreed to begin talks on ending the war in Ukraine.

Crude prices are also under pressure because of concern that President Trump's 25% tariffs on all steel, aluminum, and finished metals imports into the US will encourage retaliation that will curb US economic growth and energy demand.  

Crude prices extended their losses Wednesday after President Trump said he spoke with Russian President Puti... Read more

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