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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.
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]
Commodity Main exchange Contract size Symbol WTI Crude Oil: NYMEX, ICE: 1000 bbl (42,000 U.S. gal) CL (NYMEX), WTI (ICE) Brent Crude: ICE: 1000 bbl (42,000 U.S. gal)
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Almost 1 million Wisconities will travel 50+ miles this Thanksgiving holiday. Those leaving from Green Bay and Appleton will find lower gasoline prices.
By Shariq Khan. NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote ...
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]
A gasoline price website is a type of price comparison website that provides current fuel price information for different filling stations. Supported fuel types generally include gasoline , but may also include diesel , liquefied petroleum gas , biofuels and recharge electricity .