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Front Month Nymex RBOB Gasoline Rose 2.98% This Week to Settle at $2.5742 — Data Talk

Front Month Nymex RBOB Gasoline for June delivery gained 7.45 cents per gallon, or 2.98% to $2.5742 this week

 

--Largest one week net and percentage gain since the week ending March 15, 2024

--Snaps a two week losing streak

--Today it is up 3.64 cents or 1.43%

--Up for three consecutive sessions

--Up 11.46 cents or 4.66% over the last three sessions

--Largest three day dollar and percentage gain since Friday, March 15, 2024

--Up four of the past five sessions

--Highest settlement value since Monday, May 6, 2024

--Off 13.18% from its 52-week high of $2.9649 hit Friday, Aug. 11, 2023

--Up 30.03% from its 52-week low of $1.9797 hit Tuesday, Dec. 12, 2023

--Down 0.07% from 52 weeks ago

--Off 8.79% from its 2024 settlement high of $2.8223 hit Tuesday, April 16, 2024

--Up 26.95% from its 2024 settlement low of $2.0278 hit Monday, Jan. 8, 2024

--Off 39.80% from its record high of $4.2762 hit Thursday, June 9, 2022

--Month-to-date it is down 5.04%

--Year-to-date it is up 47.16 cents or 22.43%

 

All prices are calculated based on the settlement price of the current front month contract.

 

Source: Dow Jones Market Data

 

(END) Dow Jones Newswires

May 17, 2024 15:08 ET (19:08 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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