$2.4623
-0.0098[-0.40%]
as of 2024-07-26
What is RBOB gasoline?
RBOB gasoline is “Reformulated Gasoline Blendstock for Oxygenate Blending”, which is meant to be mixed with other blending chemicals to produce a finished gasoline product.
How large are RBOB gasoline futures contracts?
RBOB gasoline futures contracts contain 42,000 gallons of unmixed gasoline.
Should businesses invest in RBOB futures contracts?
An RBOB futures contract can be helpful for businesses that fuel vehicles or produce gasoline products.