RBOB Gasoline Commodity Market Trades, Charts
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Oil could spike and gasoline prices could hit $5 per gallon over the next 30 days if we see more monetary stimulus and instability in the Middle East, analyst David McAlvany told CNBC’s “Closing Bell” on Monday.
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As the traditional peak season for gasoline demand winds down, pump prices are all fired up —now exceeding year ago levels.
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Consider this pairing: $5 gasoline and 5 percent mortgage rates. It could be a bad combination for the economy.
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During my interview with Peter Voser, the CEO of Shell, this morning. I asked him for his oil and gas price targets.
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CNBC’s analytics team compiled a list of the 10 best-performing commodities in the CRB index so far this year, based on the closing prices on March 29, 2011.
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It seems wherever you go these days, you can't help but feel the pinch when it comes to gas prices at the pump. Here is a breakdown of the states with the highest and lowest prices.
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Gasoline prices at the pump are likely to keep rising, even if the price of oil has dipped over the past week.
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Many investors cite the strength in the dollar for the recent drop in oil, but whispers on Wall Street suggest some other forces were at work, too.
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Energy traders turned their attention from concerns about slower growth in China and slowing energy demand in the U.S. to the declining dollar Thursday.
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Tapping the Strategic Petroleum Reserve was supposed to lower oil prices but instead has only raised questions about market manipulation.
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CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index. Click ahead to learn about the hot and the not-so-hot commodities of 2011.
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Financial resolutions are great, but when it comes to investment decisions, you'll need information and commitment.
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Gasoline prices could be a bit more costly for U.S. consumers this spring, thanks to the bankruptcy of a European refiner, the industry’s latest casualty.
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If abundance is the enemy of commodity traders, the current landscape is a veritable minefield.
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Gas prices in all 50 states this week are back above $3 per gallon for the first time since December 15, when regular unleaded gasoline remained at this level for nearly 10 months.
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John Hofmeister, former Shell Oil USA operations president and founder and CEO of Citizens for Affordable Energy, recently talked with NetNet’s C-Suite about what factors he is looking at when formulating his oil outlook
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Fears are growing that rising gasoline prices could stifle economic recovery. Those rising gasoline prices are becoming a subject of hot political debate in a presidential election year. Geopolitics is behind the rising prices, most noticeably due to the increasing tensions over Iran’s nuclear program.
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"There's nothing inevitable about it," one economist says about the widespread predictions about $5 gas. "To a large extent it depends on what happens in the Middle East."
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While individual commodities are subject to a lot of momentum—they are a good alternative to stocks and bonds and commonly used for diversification, and hedging investments.
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