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Covered Commodity and Power Product

RBOB Gasoline

RB=F · Front-month continuous futures · USD per gallon

Current futures price$2.71
Current price$2.71
Daily return-2.5%
Weekly return-6.6%
Monthly return-17.8%
YTD return+58.8%
Contract monthDec 26
Contract expirationUnavailable
Rollover statusProvider-managed front-month continuous series; exact rollover methodology not supplied
Contract seriesFront-month continuous futures
RegionUnited States
Price-feed statusDelayed market data enabled
UnitsUSD per gallon
CurrencyUSD
ProviderYahoo Finance delayed futures data
Timestamp

Historical chart

RBOB Gasoline historical futures price 3.903.312.732.141.562023-11-062024-05-072024-11-052025-05-082025-11-062026-05-112026-11-09 Date Futures price
2023-11-06 to 2026-11-09 · Range 1.68 to 3.77

AI-Assisted Chart Analysis

RBOB Gasoline technical analysis

Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.

Technical only
Trend

Mixed trend: the latest level is below its 20-period average, without full long-term confirmation.

Momentum

RSI is 32, a neutral reading. Above 70 can signal extension; below 30 can signal exhaustion.

Support scenario

The first technical watch zone is 2.71. A break below 2.71 invalidates the near-term support setup.

Resistance scenario

The first resistance/watch zone is 3.31. A confirmed break above 3.59 supports continuation.

Risk

Annualized realized volatility is +37.7%. Maximum lookback drawdown is -40.4%, from a high-water mark of 2.82 to 1.68.

Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.

Current signal

  • Front-month RBOB Gasoline futures settled at $2.7767 per gallon as of the most recent reporting period.
  • Market activity reflects high volatility, with the contract experiencing significant downward pressure over the trailing seven-day window.
  • Price discovery is currently influenced by broader energy sector sentiment, specifically regarding geopolitical developments in the Middle East.

What changed

  • Front-month Nymex RBOB Gasoline futures recorded a 12.03% decline over the past week.
  • The contract reached a three-month low for nearest-futures pricing during the observed period.
  • Recent sessions have shown sharp fluctuations, including a single-day decline of 8.12% followed by subsequent volatility.

Why it matters

  • The sharp decline in gasoline futures signals a potential shift in inflationary expectations for energy costs, which directly impacts consumer discretionary spending power.
  • Refining margins and crack spreads are sensitive to these price moves, affecting the profitability outlook for downstream energy producers.
  • Market participants are monitoring these levels as a proxy for broader economic health and demand-side stability in the U.S. transportation sector.

Bullish factors

  • Market participants continue to monitor refining capacity constraints, which historically provide a floor for gasoline prices during periods of supply tightness.
  • Short-term price rebounds, such as the 1.28% gain observed on November 5th, indicate intermittent buying interest despite the prevailing downtrend.

Bearish factors

  • Rising hopes for peace in the Middle East have reduced the geopolitical risk premium previously embedded in energy futures, contributing to the recent sell-off.
  • The sustained downward momentum, highlighted by the contract falling below the $2.75 threshold, suggests a weakening of near-term technical support levels.
  • Broad-based weakness in the energy complex, including significant declines in WTI crude oil, has exerted downward pressure on refined product prices.

Key catalysts

  • Geopolitical developments in the Middle East remain the primary driver of sentiment, with any reversal in peace negotiations likely to impact price stability.
  • Official EIA petroleum status reports regarding inventory levels and refinery utilization rates are critical upcoming data points for confirming demand trends.

Key risks

  • The current price volatility creates significant uncertainty for hedging strategies and downstream fuel pricing models.
  • Unverified social sentiment regarding potential pump prices by the Thanksgiving holiday highlights the risk of retail-level speculation diverging from wholesale futures market realities.

Upcoming reports

  • Market participants are awaiting the next release of EIA petroleum status and refinery reports to assess the fundamental supply-demand balance.
  • Continued monitoring of front-month contract expirations and roll-over activity will be necessary to gauge institutional positioning.

Latest verified updates

  • Front-month Nymex RBOB Gasoline settled at $2.7767 as of November 6, 2026.
  • The contract experienced a notable 8.12% decline on November 2, 2026, coinciding with a 7.36% drop in WTI crude oil.
  • Official CME Group data confirms the front-month continuous futures structure remains the primary reference for market pricing.

Sources

Yahoo Finance delayed futures data

Last updated: