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Barchart
Barchart
Cesar Marconetti

European Commodities: ICE Unleaded Gasoline Blendstock Tests a Key Technical Level

Europe Natural Gas Norway US Federal Reserve

RBOB Unleaded Gasoline Blendstock (LGU24) rose +4.3% last week and has been locked in a range with upper bound at 2.8 and lower bound at 2.05 since September 2022.

Gasoline had a massive rally from February 2022 with the invasion of Ukraine, topping at 4.31 in June 2022, but from September 2022 it has not defined any trend.

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