Markets

Morning Gasoline Market Report

January RBOB prices managed to recover from overnight weakness following private industry data that showed a larger than expected build in US gasoline inventories. Expectations for this morning's EIA report are for gasoline inventories to have increased by around 1.0 million barrels. Meanwhile, some cash traders indicated that the physical market for gasoline was beginning to reflect a reduction in demand, and that could be a factor weighing on futures prices.

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.

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