Front Month Nymex RBOB Gasoline Fell 14.51% This Year to Settle at $2.1026 -- Data Talk
December 29 2023 - 3:24PM
Dow Jones News
Front Month Nymex RBOB Gasoline for Jan. delivery lost 35.69
cents per gallon, or 14.51% to $2.1026 this year
--Largest one year net decline since year end 2018
--Largest one year percentage decline since year end 2020
--Snaps a two year winning streak
--This quarter it is down 33.73 cents or 13.82%
--Largest one quarter net and percentage decline since the third
quarter of 2022
--Down for three consecutive quarters
--Down 59.79 cents or 22.14% over the last three quarters
--Largest three quarter net and percentage decline since the
first quarter of 2023
--Down five of the past six quarters
--This month it is down 9.72 cents or 4.42%
--Largest one month net and percentage decline since Oct.
2023
--Down for five consecutive months
--Down 82.64 cents or 28.21% over the last five months
--Largest five month net and percentage decline since Dec.
2022
--Longest losing streak since Jan. 2015 when the market fell for
seven straight months
--Down seven of the past nine months
--This week it is down 2.75 cents or 1.29%
--Largest one week net and percentage decline since the week
ending Dec. 8, 2023
--Down for two consecutive weeks
--Down 3.44 cents or 1.61% over the last two weeks
--Largest two week net and percentage decline since the week
ending Dec. 8, 2023
--Down nine of the past 10 weeks
--Today it is up 1.74 cents or 0.83%
--Snaps a two session losing streak
--Off 29.08% from its 52-week high of $2.9649 hit Friday, Aug.
11, 2023
--Up 6.21% from its 52-week low of $1.9797 hit Tuesday, Dec. 12,
2023
--Down 14.51% from 52 weeks ago
--Off 29.08% from its 2023 settlement high of $2.9649 hit
Friday, Aug. 11, 2023
--Up 6.21% from its 2023 settlement low of $1.9797 hit Tuesday,
Dec. 12, 2023
--Off 50.83% from its record high of $4.2762 hit Thursday, June
9, 2022
All prices are calculated based on the settlement price of the
current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
December 29, 2023 15:09 ET (20:09 GMT)
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