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Gasoline

CFD on the daily spot price of reformulated RBOB gasoline (GASOLINE).

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Energy CFD
Currency Type: USDMeasurement Unit: Gallons
Full trading conditions >>

Description:

Gasoline is mainly used as fuel for various land, sea and air vehicles, portable power tools, and generators. Gasoline is a byproduct of Crude Oil so there is usually a high degree of correlation between the two instruments. Many refineries for gasoline are located in the US Gulf Coast, so weather-related issues can push up the price. Gasoline is also taxed quite heavily in different countries due to environmental concerns, so this is a factor worth considering when trading the instrument.
Interesting Facts:
  • The United States, Saudi Arabia and Russia are the top 3 producers of crude oil, of which gasoline is derived
  • The United States, China and Japan are the countries with the highest demand for gasoline. Demand in the US and China in particular can lead to volatility in gasoline prices.
 
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.