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RBOB Gasoline Aug 24 (RBQ24.NYM)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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2.6263+0.0113 (+0.43%)
As of 06:56AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2024-07-31
Last price2.6150
Day's range2.6097 - 2.6307
  • Reuters

    US gasoline prices set to lose steam ahead of summer driving season

    A spring surge in U.S. gasoline prices is set to fizzle out earlier than expected as geopolitical concerns abate, raising optimism that motorists will find some relief at the pump ahead of peak summer travel demand. U.S. gasoline prices are under a microscope ahead of the country's presidential elections in November, with stickiness in inflation among top issues plaguing consumers and policymakers. U.S. refiners are also returning from annual spring maintenance and ramping up utilization rates, boosting fuel output.

  • Associated Press Finance

    The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflicts

    The Environmental Protection Agency cleared the way Friday for a higher blend of ethanol to be sold nationwide for the third summer in a row, citing global conflicts that it says are putting pressure on the world's fuel supply. The agency announced an emergency waiver that will exempt gasoline blended with 15% ethanol from an existing summertime ban. Gasoline with 10% ethanol is already sold nationwide, but the higher blend has been prohibited in the summer because of concerns it could worsen smog during warm weather.

  • Reuters

    US EPA allows temporary expansion of higher-ethanol gasoline blend this summer

    The U.S. Environmental Protection Agency will temporarily expand sales of higher-ethanol blends of gasoline this summer in an effort to reduce potential supply disruptions amid ongoing conflicts in Ukraine and the Middle East, it said in a letter dated Friday. The decision marks the third consecutive year the administration has lengthened the period during which Americans can keep buying E15, a gasoline that uses a 15% ethanol blend. Adding ethanol to gasoline is known to increase smog pollution in hot weather, but research has shown little difference between E15 and the more-widely available E10 blends.