Everybody remembers the extremes. Nobody remembers the recovery.
(I really don’t know what RBOB is, but when I googled “gasoline futures”….)
… and now I do:
«RBOB stands for reformulated blendstock for oxygenate blending. Prices for RBOB gasoline futures logically have a high degree of correlation with crude oil since gasoline is distilled from crude. Thus, some of the global supply and demand factors for crude oil also apply to RBOB.»https://www.investopedia.com/articles/investing/030516/4-factors-you-didnt-know-about-rbob.asp
Pingback: Lumber prices have returned to what they were a year ago. | Here, Read This