Sunday, May 29th 2016

RBOB Gasoline


RBOB Gasoline Meaning:
In commodity market terminology, RBOB Gasoline refers to a type of petroleum product known as "Reformulated gasoline Blend stock for Oxygen Blending". RBOB is the new benchmark form of gasoline and is traded on the New York Mercantile Exchange, the CME Groupís Globex and ClearPort electronic trading platforms.

RBOB Gasoline Example:
RBOB Gasoline futures are traded in contracts for 42,000 gallons of RBOB gasoline. Prices are quoted in U.S. Dollars per gallon and the minimum fluctuation is $0.0001 per gallon or $4.20 per contract. The symbol for RBOB Gasoline is RB.
Give Your Opinion
Where to get start up capital?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Where to get start up capital?
Financial Questions & Answers
Ask A Question
Get opinions on what you want to know:
Specific to any country?