RBOB Gasoline Futures Futures

Reformulated gasoline blendstock for oxygen blending, or RBOB, is another way of saying unleaded gas, one of the most used commodities in the world.
Understanding the long-term correlation with crude oil and consumption are two keys that traders watch, but so is the seasonality of the fuel, when refineries adjust the contents in spring and fall. For traders with exposure to large oil and gas companies or the auto and transportation industries, RBOB futures offers another way to complement or hedge such positions.
And given the global nature of the RBOB futures market, offered on the CME Group almost 24 hours per day, traders can hedge or aim for profit opportunities in this volatile market. Just like crude oil markets, RBOB is susceptible to major price swings due to geopolitical actions, weather events or economic moves.