Markets

Morning Gasoline Market Report

November RBOB experienced a choppy trading session during the initial morning hours. Private industry inventory data released after the close yesterday showed a much larger than expected weekly build in gasoline stocks that was well above the 1 million barrels expected in this morning's EIA figures. The unexpectedly large build probably tempered yesterday's bullish reports that ConocoPhillips would take a Pennsylvania refinery operation off-line and that there would be a controlled shutdown in a Louisiana gasoline refinery.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities