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News Stories
   
Following gasoline news is the key to trading fundamentally. Below you can find links to articles in the news that discuss market fundamentals that could potentially affect the price of gasoline on the NYMEX commodities exchange. Before you invest in gasoline futures market you should do your own research.

1. Reuters, "U.S. RBOB gasoline futures jump as gasoline inventories drop" Jan 28, 2015

U.S. front-month February RBOB gasoline futures rose sharply on Wednesday after weekly government data from the Energy Information Administration showed gasoline inventories fell 2.6 million barrels last week, against expectations for a small build.

2. CNBC, "Fire at Exxon LA-area refinery, gas prices spike" February 18, 2015

Lipow said CARBOB prices spiked in the wholesale market because traders "just don't know how long this particular unit, which is called the cat cracker, is going to be down."

The refinery covers 750 acres, processes about of 155,000 barrels of crude oil per day and produces 1.8 billion gallons of gasoline per year, Exxon said.

3. Bloomberg.com. " Hedge Funds Boost Gasoline Bets as July 4 Holiday Nears" June 30, 2014

Speculators boosted bets that gasoline prices will rise on prospects for the most Independence Day traffic in seven years and fighting in the Middle East.

4. Bloomberg.com, "Gasoline Output Rises to Record in the U.S. as Demand Grows", June 18, 2014

Output jumped 11 percent from the previous week to 9.84 million barrels a day in the seven days ended June 13, the highest level since Energy Information Administration data started in 1982.

5. Bloomberg.com "U.S. Gasoline Futures Drop as Stockpiles Rise More Than Forecast" December 31, 2012
Over the last five weeks, the U.S. has built 22.7 million barrels of gasoline and is now for the season at a multiyear high in stocks of not only crude but also of gasoline,” Olivier Jakob, managing director of Zug, Switzerland-based consultants Petromatrix GmbH, said today in a report.
6. Bloomberg.com "East Coast Gasoline Jumps on Jones Act Waiver Expiration" November 16, 2012
Gasoline advanced for the first time in three days in New York Harbor as the waiver of shipping regulations following Hurricane Sandy approaches an end even as supplies in the region are at a four-year low.
7. Bloomberg.com "New York Gasoline Strengthens as Inventories Lowest Since 2008" September 19, 2012
New York gasoline rose after inventories of gasoline made to East Coast specifications fell to the lowest level in four years and imports declined. Stocks of reformulated gasoline, or RBOB, in the region dropped 1.91 million barrels to 14.1 million last week, the lowest level since October 2008. 
8. Bloomberg.com "Gasoline Rises As U.S. Demand Surges To Highest Since August" June 13, 2012

Gasoline rose as the Energy Department reported that demand for the motor fuel surged last week to the highest level since August.

9. Bloomberg.com “Oil Trades Near One-Week High; Goldman Sees Demand Gain” April 25, 2012

Gasoline stockpiles decreased 3.64 million barrels and distillate-fuel inventories dropped 3.56 million barrels, the API’s weekly report showed. Today’s Energy Department data may show a 1.5 million-barrel decline in gasoline supplies, according to the median of 11 estimates in a Bloomberg News survey of analysts. Distillates are predicted to gain 500,000 barrels.

10. Bloomberg.com "Gasoline Rises as U.S. Unemployment Rate Drops to Three-Year Low" February 3, 2012
Gasoline rose as the U.S. added more workers than expected in January, sending the jobless rate down to the lowest level in almost three years and boosting speculation that fuel demand will improve.

Click here to contact a commodities broker with experience in the gasoline market to discuss market opportunities and trade recommendations.

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