RBOB Gasoline is the benchmark futures contract for reformulated blendstock for oxygenate blending, essentially the wholesale gasoline price used as the basis for retail fuel prices across the United States. Prices track crude oil closely but are also influenced by refinery capacity and utilization rates, seasonal demand shifts (driving season peaks in summer), regional blending requirements, and refinery maintenance schedules. The quoted price is in US dollars per gallon.
السياق السوقي
Gasoline is priced at $2.9846 per gallon, rising about 0.53% today after a steep weekly decline of roughly 9.58%. The monthly move also shows a significant drop of approximately 12.09%, though year-to-date gains remain very strong at around 73.87% and the commodity is up about 38.97% compared to one year ago.