RBOB Gasoline Apr 26 (RBJ26.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2026-03-31 |
| Open | 2.3111 |
| Bid | 2.2466 |
| Last price | 2.2089 |
| Day's range | 2.3111 - 2.3111 |
| Volume | |
| Ask | N/A |
- Reuters
RPT-COLUMN-Investors abandon bullish case for US gasoline: Kemp
U.S. gasoline prices and refining margins have come under pressure as inventories deplete more slowly than normal for this time of year, indicating supplies are plentiful, and undermining the bullish case for the fuel. Just over a month ago, investors had amassed one of the largest bullish positions in U.S. gasoline futures and options since before the pandemic, anticipating that prices would continue climbing. Gasoline had become the most attractive part of the petroleum complex for investors to bet prices would rise further in the run-up to U.S. presidential and congressional elections in November.
- Reuters
COLUMN-Investors abandon bullish case for US gasoline: Kemp
U.S. gasoline prices and refining margins have come under pressure as inventories deplete more slowly than normal for this time of year, indicating supplies are plentiful, and undermining the bullish case for the fuel. Just over a month ago, investors had amassed one of the largest bullish positions in U.S. gasoline futures and options since before the pandemic, anticipating that prices would continue climbing. Gasoline had become the most attractive part of the petroleum complex for investors to bet prices would rise further in the run-up to U.S. presidential and congressional elections in November.
Barrons.comGasoline Prices Boosted Inflation Last Month, but They’re Falling Now
Rising gasoline prices were one of the main reasons inflation stayed relatively hot in April, with overall prices rising 0.3% month over month. Gasoline prices rose 2.8% in April over March levels, one of the largest increases in the consumer price index. As of this week, the average gasoline price is $3.61 a gallon, according to the EIA, down from $3.64 a week ago.
