RBOB Gasoline (RB) Futures

$2.2767
-0.0527[-2.31%]
as of 2024-02-23
Q

What is RBOB gasoline?

A

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.

Q

How large are RBOB gasoline futures contracts?

A

RBOB gasoline futures contracts contain 42,000 gallons of unmixed gasoline.

Q

Should businesses invest in RBOB futures contracts?

A

An RBOB futures contract can be helpful for businesses that fuel vehicles or produce gasoline products.

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