Could the lowest oil prices of the year be imminent? Currently, RBOB gasoline futures have broken through the $1.80 mark. However, there is a detail worth noting—the market will switch to a higher-cost summer fuel formulation at the end of the month, and this transition typically puts upward pressure on oil prices. For investors with high sensitivity to energy, this period of price volatility is indeed a good observation window.
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BearEatsAll
· 16h ago
At the end of the month, with the summer oil products switching, prices will rise again. This move is quite slick.
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GameFiCritic
· 16h ago
The summer formula switch is indeed a detail that can easily be overlooked, but based on historical data, this thing typically pushes up costs by 20-30bp every year. The rigid constraints on the supply side combined with demand rebound... To be honest, the current bottom-fishing pace might still be a bit early.
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0xDreamChaser
· 16h ago
It's the same old story again. I'm tired of hearing the excuse that summer oil formulations are increasing in price.
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ProtocolRebel
· 16h ago
The good time to buy the dip has arrived, hop on quickly
Could the lowest oil prices of the year be imminent? Currently, RBOB gasoline futures have broken through the $1.80 mark. However, there is a detail worth noting—the market will switch to a higher-cost summer fuel formulation at the end of the month, and this transition typically puts upward pressure on oil prices. For investors with high sensitivity to energy, this period of price volatility is indeed a good observation window.