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RBOB Gasoline Jun 25 (RBM25.NYM)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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2.4310+0.0228 (+0.95%)
At close: 02:28PM EDT
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Pre. SettlementN/A
Settlement date2025-05-30
Last price2.4082
Day's range2.4271 - 2.4540
  • Reuters

    COLUMN-Investors bet on further rise in US gasoline prices: Kemp

    Portfolio investors have amassed one of the largest bullish positions in U.S. gasoline futures and options since before the coronavirus pandemic, anticipating that prices will continue climbing over the next few months. U.S. gasoline has emerged as the most attractive part of the petroleum complex for investors betting prices will rise further this year in the run up to U.S. presidential and congressional elections in November. Relatively low inventories, employment gains, strong household income growth and the prospect of an active hurricane season are expected to keep gasoline consumption high and inventories under pressure.

  • Reuters

    US electricity and gasoline prices push up energy sector inflation

    U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector to far outpace broader inflation for the month, according to Bureau of Labor Statistics data released on Wednesday. Energy prices, which include electricity, gasoline, fuel oil and other power and oil-related goods and services, jumped by 1.1% last month compared to a 0.4% rise in the broader Consumer Price Index, BLS data showed. Gasoline gained 1.3% for the past year, while electricity jumped 5%.

  • Yahoo Finance Video

    Oil: OPEC has 'hands on the steering wheel' of energy market

    Crude oil futures (CL=F, BZ=F) momentarily pause their price rally after hitting multi-month highs, remaining elevated around various geopolitical tensions including the ongoing conflict between Israeli and Hamas forces in the Middle East. CIBC Private Wealth US Senior Energy Trader Rebecca Babin weighs in on the oil inventory pressures associated with OPEC+'s production cuts and the Russia-Ukraine War, looking ahead to the range where oil and US gas prices could eventually settle into. "Right now what they [OPEC+] have is a beautiful position of controlling the market. They've got their hands on the steering wheel here. They don't want to lose that," Babin tells Yahoo Finance. "You let it go too far, you get SPR (Strategic Petroleum Reserve). So, let's bring back some barrels. I think this puts a damper on this rally to $100 [per barrel] that some people are talking about. And he second big factor I think is demand destruction. You can't just have an explosive rally to the upside and think demand is going to be completely inelastic." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.