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Reformulated Blendstock for Oxygenate Blending (RBOB) is a gasoline futures contract traded on the New York Mercantile Exchange (NYMEX). It is the benchmark futures contract for wholesale gasoline in the United States. [1]
The following is a list of futures contracts on physically traded ... Gulf Coast Gasoline NYMEX: 1000 bbl (42,000 U.S. gal) LR RBOB Gasoline: NYMEX: 1000 bbl (42,000 ...
RBOB gasoline prices. RBOB stands for Reformulated Blendstock for Oxygenate Blending and is refined from crude oil and blended with 10% ethanol fuel. The price of RBOB closely follows the price of crude oil. RBOB plus the excise taxes on fuel reflect the price paid at the pump for gasoline. [28] [29] [30]
Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.
Gasoline (reformulated gasoline blendstock for oxygen blending or RBOB) is traded through NYMEX via trading symbol RB. Propane is traded through NYMEX, a subsidiary of Intercontinental Exchange since early 2013, via trading symbol PN. Natural gas is traded through NYMEX in units of 10,000 million BTU with the trading symbol of NG.
Rising crude oil and gasoline futures prices sent the state average to a three-month high of $3.27 per gallon on Thursday, Feb. 1. Fuel costs decreased slightly over the weekend as gasoline ...
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
Yahoo Finance's Jared Blikre reports on the energy market as crude oil futures settle at $110.60 a barrel. Crude oil prices 'go parabolic,' commodities rise amid Russia-Ukraine war [Video] Skip to ...