CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 all your money. Read our full Risk Warning.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.

Gasoline

CFD on the daily spot price of reformulated RBOB gasoline.

Product Type: Commodity Subtype: Energy
Country: United States (US) Currency: USD
Currency Type: USD Measurement Unit: Gallons
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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 on the US Gulf Coast so that 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.
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GASOLINE Market Sentiment
GASOLINE Chart

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.
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