Unleaded gasoline is the main refinery product derived from crude oil. Since unleaded gasoline is sold at thousands of service stations, there is constant price competition, resulting in high price volatility. How expensive unleaded gasoline is depends on crude oil prices and, in particular, on the availability of refinery capacity. The
main futures contracts are the NYMEX Division New York Harbor Reformulated Blend stock for Oxygen Blending (RBOB) futures. The place of delivery is the port of New York.
Trade data on Unleaded gasoline (RBOB)
Product symbol: RB
Trade: CME GOUP (CME Globex, CME ClearPort, Open Outcry / New York)
Contract size: 42000 Gallons
Trade price: USD and cents per barrel
Minimum trade movement: 0.0001 USD per gallon
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Under no circumstances should this information be construed as legal, tax or securities advice. All data is for personal use only. When compiling the data and reproducing information, LV Asset Management AG proceeds with the greatest possible care, but points out that all statements and information made are completely non-binding and without guarantee.
The information presented in no way represents a recommendation, an offer or an invitation to purchase financial products or an invitation to make such an offer. Potential investors should independently check and assess the information available and have the chances of profit of their investment checked by a neutral body – such as the house bank.
Options and futures are complex investment instruments that typically involve a high degree of risk and are only suitable for investors who understand and accept the risk involved. The detailed conditions can be seen in the account opening application. The option speculations brokered by LV Asset Management AG include a maximum risk of loss of 100 percent of the invested capital; an obligation to make additional payments is excluded. The futures speculation brokered by LV Asset Management AG involves an unlimited risk of loss; an obligation to make additional payments is not excluded.
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