June NYMEX gasoline reaches another high

06 May 2008 20:46  [Source: ICIS news]

HOUSTON (ICIS news)--The June NYMEX reformulated blendstock for oxygenate blending (RBOB) gasoline contract settled at a record high on Tuesday, following a record high of $122/bbl in the crude oil market, according to trade sources.

June RBOB ended the day’s session at 310.55 cents/gal, up 5.26 cents from Monday’s settlement.

Tuesday’s close also represented a 5.18 cents increase from the previous record high of 305.37 cents/gal set on 25 April.

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By: Brian Balboa
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