Front Month Nymex RBOB Gasoline Fell 3.50% This Week to Settle at $2.4842 — Data Talk

Front Month Nymex RBOB Gasoline for June delivery lost 9.00 cents per gallon, or 3.50% to $2.4842 this week

--Largest one week net and percentage decline since the week ending May 3, 2024

--Down three of the past four weeks

--Today it is up 1.48 cents or 0.60%

--Largest one day dollar and percentage gain since Friday, May 17, 2024

--Up for two consecutive sessions

--Up 1.64 cents or 0.66% over the last two sessions

--Largest two day dollar and percentage gain since Friday, May 17, 2024

--Off 16.21% from its 52-week high of $2.9649 hit Friday, Aug. 11, 2023

--Up 25.48% from its 52-week low of $1.9797 hit Tuesday, Dec. 12, 2023

--Down 8.11% from 52 weeks ago

--Off 11.98% from its 2024 settlement high of $2.8223 hit Tuesday, April 16, 2024

--Up 22.51% from its 2024 settlement low of $2.0278 hit Monday, Jan. 8, 2024

--Off 41.91% from its record high of $4.2762 hit Thursday, June 9, 2022

--Month-to-date it is down 8.36%

--Year-to-date it is up 38.16 cents or 18.15%

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 24, 2024 15:01 ET (19:01 GMT)

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