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Gasoline RBOB Oct '24 (RBV24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Gasoline RBOB Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Gasoline RBOB prices and Gasoline RBOB futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Nov 7th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Gasoline RBOB Historical Prices page.

Gasoline RBOB Futures Market News and Commentary

Crude Oil Moves Higher on Dollar Weakness and Energy Demand Optimism

December WTI crude oil (CLZ24) Thursday closed up +0.67 (+0.93%), and December RBOB gasoline (RBZ24) closed up +0.0182 (+0.89%).

Crude oil and gasoline prices recovered from early losses on Thursday, climbed to 3-week highs, and settled moderately higher.  Thursday’s weaker dollar boosted crude prices along with the rally in the S&P 500 to a record high, which shows confidence in the economic outlook that is positive for energy demand.

Gains in crude oil were limited by negative carryover from Wednesday when the EIA reported that crude and gasoline inventories unexpectedly rose.  Also, crude oil prices are being undercut by speculation that President-elect Trump's policies will increase US crude production and that new tariffs that may slow China's economy.

Thursday's stronger-than-expected global economic news supported energy demand and crude prices.   US weekly initial unemployment claims rose +3,000 to 221,000, showing a stronger labor market than expectations... Read more

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