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.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
BearEatsAllvip
· 16h ago
At the end of the month, with the summer oil products switching, prices will rise again. This move is quite slick.
View OriginalReply0
GameFiCriticvip
· 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.
View OriginalReply0
0xDreamChaservip
· 16h ago
It's the same old story again. I'm tired of hearing the excuse that summer oil formulations are increasing in price.
View OriginalReply0
ProtocolRebelvip
· 16h ago
The good time to buy the dip has arrived, hop on quickly
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)