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RBOB

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AcronymDefinition
RBOBReformulated Blendstock for Oxygenate Blending (gasoline production)


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RBOB gasoline rose above $2 a gallon for the first time since the switch to winter-grade motor fuel.
net (Staff Writer) CME Group, the Chicago-based derivatives exchange, has launched six financially settled Minute-Marker Crude Oil, RBOB Gasoline and Heating Oil futures contracts for trading and clearing services available through CME ClearPort, a set of flexible clearing services open to over the counter (OTC) market participants to mitigate counterparty risk and provide capital efficiencies across asset classes.
Nymex March RBOB registered its highest front-month settlement since November.
 
 
 
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