But it’s worth pointing out that RBOB gasoline today hit its highest level since September. ⛽️
But it’s worth pointing out that RBOB gasoline today hit its highest level since September. ⛽️
@reuters.com #$RBOB
@reuters.com #$RBOB
WTI near $96
RBOB gasoline $3.44
Diesel +19 cents
10yr yield +7bps to 5.235%
Precious metals annihilated
WTI near $96
RBOB gasoline $3.44
Diesel +19 cents
10yr yield +7bps to 5.235%
Precious metals annihilated
ULSD up over 11%
RBOB (gasoline) up nearly 7%
you ready for more gas and diesel price increases?
ULSD up over 11%
RBOB (gasoline) up nearly 7%
you ready for more gas and diesel price increases?
$2.51 implies $3.45 at the pump in a few weeks
$2.51 implies $3.45 at the pump in a few weeks
$2.40 to $3.55
+106% YTD
$2.40 to $3.55
+106% YTD
RBOB is your early warning system. Because pumps lag RBOB by 1-2 weeks, RBOB is a tell for inflation and consumer spending.
RBOB and real rates have more or less an inverse relationship. When RBOB rises, it tends to catalyse lower real rates in the short term.
RBOB is your early warning system. Because pumps lag RBOB by 1-2 weeks, RBOB is a tell for inflation and consumer spending.
RBOB and real rates have more or less an inverse relationship. When RBOB rises, it tends to catalyse lower real rates in the short term.
WTI crude oil +8% to $72
RBOB gasoline futures +5% to $2.42
WTI crude oil +8% to $72
RBOB gasoline futures +5% to $2.42
WTI $83.22/bbl
ULSD $183.20/bbl
RBOB $145.95/bbl
WTI $83.22/bbl
ULSD $183.20/bbl
RBOB $145.95/bbl
Global refinery crunch is hitting hard... Strait of Hormuz is yesterday's news
Global refinery crunch is hitting hard... Strait of Hormuz is yesterday's news