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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.
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]
The United States uses more gasoline than any other nation in the world, and lately Americans have grown concerned about the swift rise in costs at the pump. RPT-EXPLAINER-What is happening with U ...
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.
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]
Separate data from AAA show the nationwide average for gas prices is $3.217 per gallon, down 17% from a year ago. Most states in the South and parts of the Midwest already pay less than $3 ...
The Bloomberg Commodity Index (BCOM) is a broadly diversified commodity price index distributed by Bloomberg Index Services Limited. The index was originally launched in 1998 as the Dow Jones-AIG Commodity Index ( DJ-AIGCI ) and renamed to Dow Jones-UBS Commodity Index ( DJ-UBSCI ) in 2009, when UBS acquired the index from AIG .