RBF14.NYM -

NY Mercantile . Currency in USD
-
-
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement DateN/A
OpenN/A
BidN/A
Last PriceN/A
Day's RangeN/A - N/A
VolumeN/A
AskN/A
  • Large Drop in US Gasoline Inventories Supports Crude Oil
    Market Realist2 days ago

    Large Drop in US Gasoline Inventories Supports Crude Oil

    The EIA (U.S. Energy Information Administration) released its gasoline inventory data yesterday, reporting that US gasoline inventories fell by 3.2 MMbbls (million barrels) to 235.8 MMbbls last week but rose by 4.6 MMbbls (2%) YoY (year-over-year). Reuters had earlier estimated that US gasoline inventories would drop by ~44,000 barrels during the week. US gasoline futures rose 0.9% to $2.04 per gallon yesterday due to gasoline inventories falling more than expected. The drop also supported oil prices, with WTI crude oil futures rising 1%.

  • Reuters3 days ago

    BRIEF-Sinopec Shanghai Petrochemical Posts H1 Sales Revenue For Diesel, Gasoline

    July 19 (Reuters) - Sinopec Shanghai Petrochemical Co Ltd : * SAYS 6-MONTH DIESEL SALES REVENUE AT 9.8 BILLION YUAN ($1.45 billion) * SAYS 6-MONTH GASOLINE SALES REVENUE AT 12.1 BILLION YUAN Source text ...

  • Oil prices higher after drop in gasoline stocks, despite record crude output
    MarketWatch3 days ago

    Oil prices higher after drop in gasoline stocks, despite record crude output

    Oil prices end higher Wednesday, finding support from a bigger-than-expected decline in gasoline stocks, despite a surprise climb domestic crude supplies and record weekly production.

  • US Crude Oil and Gasoline Inventories Could Impact Oil Prices
    Market Realist4 days ago

    US Crude Oil and Gasoline Inventories Could Impact Oil Prices

    The API (American Petroleum Institute) released its oil and gasoline inventory report on July 17 after the post-settlement trade. The API estimated that US crude oil inventories rose by 0.6 MMbbls (million barrels) to 410.7 MMbbls on July 6–13. However, Reuters estimates that US oil inventories could have fallen by 3.6 MMbbls last week. August WTI oil futures contracts fell 0.7% in the early morning trading on July 18.

  • Benzinga5 days ago

    Disappointing Netflix Subscriber Growth Appears To Weigh On Tech Sector

    Info tech shares could be in for a rough day after disappointing results from Netflix, Inc. (NASDAQ: NFLX). The NFLX sneeze appears to have given all the “FAANG” stocks a cold, as high-flying shares gave back ground in pre-market trading and the tech-heavy Nasdaq (COMP) dropped 1 percent. Over in the financial sector, Goldman Sachs Group Inc. (NYSE: GS) became the latest bank to handily beat Wall Street analysts’ estimates.

  • Oilprice.com5 days ago

    Trump’s Ultimate Move To Lower Gasoline Prices

    United States President Donald Trump is considering tapping the strategic petroleum reserve to combat increasing gasoline prices as political pressure mounts ahead of November’s midterm elections

  • Can Mexico's president-elect end gasoline imports as pledged?
    American City Business Journals6 days ago

    Can Mexico's president-elect end gasoline imports as pledged?

    Experts weigh in on whether Mexican President-elect Andres Manuel Lopez-Obrador will be able to end gasoline imports halfway through his six-year term as the populist candidate pledged a few days ago.

  • Almost 40% of Americans’ tax cut is going to pricier gasoline
    Quartz10 days ago

    Almost 40% of Americans’ tax cut is going to pricier gasoline

    Gasoline prices in the US are up around 15% since the start of the year, due to price increases in the global oil market. That equates to an increase of about $30 per month in how much the average American consumer spends on gas, according to Bank of America Merrill Lynch analysts. For the typical…

  • US Gasoline Inventories: Decoding Last Week’s Data
    Market Realist10 days ago

    US Gasoline Inventories: Decoding Last Week’s Data

    The EIA (U.S. Energy Information Administration) released its gasoline inventory data on July 11. The EIA reported that US gasoline inventories decreased by 0.7 MMbbls (million barrels) to 239 MMbbls on June 29–July 6. However, the inventories increased by 3.3 MMbbls or 1.4% from a year ago.

  • Oilprice.com12 days ago

    Why Natural Gas Hasn’t Dethroned Gasoline

    In some parts of the world, natural gas is the transportation fuel of choice, but in most markets, consumers are not tempted to retrofit gasoline cars for various reasons

  • US Gasoline Demand Could Hit a New Record
    Market Realist12 days ago

    US Gasoline Demand Could Hit a New Record

    The EIA (U.S. Energy Information Administration) estimates that the four-week average US gasoline demand increased 2.4% to 9,701,000 bpd (barrels per day) on June 22–29. The demand also increased by 119,000 bpd or 1.2% YoY (year-over-year).

  • Is Invesco DB Energy Fund (DBE) a Hot ETF Right Now?
    Zacks16 days ago

    Is Invesco DB Energy Fund (DBE) a Hot ETF Right Now?

    Smart Beta ETF report for DBE

  • Gasoline Inventories Could Push Oil Prices to Multiyear Highs
    Market Realist17 days ago

    Gasoline Inventories Could Push Oil Prices to Multiyear Highs

    The API (American Petroleum Institute) released its weekly US gasoline inventory data on July 3 after the gasoline futures settlement for that day on NYMEX. The API reported that US gasoline inventories fell by ~3.1 MMbbls (million barrels) on June 22–29.

  • Reuters18 days ago

    ETP finds Philadelphia-area pipeline is source of gasoline leak

    Energy Transfer Partners LP has found that its 12-inch, Philadelphia-area pipeline was the source of a gasoline leak discovered last month in a nearby creek, the company told Reuters on Tuesday. ETP on June 22 shut the 12-inch pipeline, in addition to an eight-inch pipeline in the area, as a precaution.

  • Is Invesco DB Energy Fund (DBE) a Hot ETF Right Now?
    Zacks19 days ago

    Is Invesco DB Energy Fund (DBE) a Hot ETF Right Now?

    Smart Beta ETF report for DBE

  • Reuters19 days ago

    COLUMN-White House must choose between tough Iran sanctions and moderate gasoline prices: Kemp

    The White House can drive Iran’s oil exports to zero, or it can have moderate U.S. gasoline prices, but it probably cannot have both. The awkward tension between the administration’s foreign policy priority (tough Iran sanctions) and its electoral calculation (to keep gasoline prices low) explains its increasingly frequent comments about oil prices. President Donald Trump has already blamed the Organization of the Petroleum Exporting Countries for the sharp rise in prices that has pushed the average cost of U.S. gasoline close to $3 per gallon.

  • Rigzone.com19 days ago

    Kemp: US Motorists React To Rising Gasoline Prices

    US traffic volumes are levelling off in a sign the previous stimulus from cheap gasoline prices is fading as pump prices rise.

  • Oilprice.com23 days ago

    Can Trump Counter Soaring Gasoline Prices?

    The U.S. SPR has traditionally been considered a key part of the country’s national security policy, but as oil production booms in the U.S. it may soon be used as a political tool – with the first example of this being in November

  • Crude Oil Reaches Three-Year High Amid Supply Cuts
    Investing.com23 days ago

    Crude Oil Reaches Three-Year High Amid Supply Cuts

    Crude oil futures increased 1.04% to $73.52 a barrel as of 10:15 AM ET (14:15 GMT), its highest price since October 2014. Meanwhile Brent crude futures, the benchmark for oil prices outside the U.S., rose 0.57% to $77.90.

  • US Gasoline Futures Rose despite Higher Gasoline Inventories
    Market Realist23 days ago

    US Gasoline Futures Rose despite Higher Gasoline Inventories

    On June 27, the EIA (U.S. Energy Information Administration) released its weekly gasoline inventory data. The EIA reported that US gasoline inventories increased by 1.2 MMbbls (million barrels) to 241.2 MMbbls on June 15–22. The inventories also increased by 224,000 barrels or 0.1% from a year ago.

  • Gasoline and Distillate Inventories Could Pressure Oil Prices
    Market Realist24 days ago

    Gasoline and Distillate Inventories Could Pressure Oil Prices

    The API (American Petroleum Institute) released its weekly US gasoline and distillate inventory data on June 26 after the gasoline futures settlement for that day in the NYMEX (New York Mercantile Exchange). It reported that US gasoline inventories rose ~1.2 MMbbls (million barrels) from June 15–22.

  • Corning Hits Output Milestone of 1 Million Gasoline Filters
    Zacks26 days ago

    Corning Hits Output Milestone of 1 Million Gasoline Filters

    Corning (GLW) will assist automakers in Europe to comply with new emission standards set to be implemented shortly.

  • Reuters26 days ago

    Asia oil refining margins drop to two-year low as gasoline profit plunges

    Singapore refining margins, the benchmark for profitability among oil processors in Asia, fell to their lowest in two years, dragged down by lower gasoline margins as refiners have ramped up output after completing maintenance and as China stepped up exports. Margins at a typical complex refinery in Singapore dropped to $4.28 a barrel at the market close on Monday, the lowest since August 2016, according to Thomson Reuters data. Among oil products, gasoline margins fell the most, dropping by half in the past month to under $5 a barrel.

  • Asia oil refining margins drop to two-year low as gasoline profit plunges
    Reuters26 days ago

    Asia oil refining margins drop to two-year low as gasoline profit plunges

    Singapore refining margins, the benchmark for profitability among oil processors in Asia, fell to their lowest in two years, dragged down by lower gasoline margins as refiners have ramped up output after completing maintenance and as China stepped up exports. Margins at a typical complex refinery in Singapore dropped to $4.28 a barrel at the market close on Monday, the lowest since August 2016, according to Thomson Reuters data. Among oil products, gasoline margins fell the most, dropping by half in the past month to under $5 a barrel.

  • Oilprice.com26 days ago

    Gasoline Price Set To Soar Despite OPEC+ Deal

    The OPEC+ deal is unlikely to bring any sort of relief to U.S. drivers who are fearing high prices at the pump this driving season, with markets likely to remain tight while gasoline demand soars