Markets

Morning Gasoline Market Report

Early morning support for RBOB prices has come from an improvement in outside market sentiment, the passage of a confidence vote in Italy and favorable US economic data pointing to a recovery. However, demand for gasoline in the US remains under pressure and more than 5.0% below its seasonal average for this time of the year. Some traders suggested that prices could have a difficult time trading higher if gasoline demand remains under pressure.

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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