Front Month Nymex RBOB Gasoline for Feb. delivery gained 9.99 cents per gallon, or 4.09% to $2.5423 this week

 

--Up for six consecutive weeks

--Up 42.06 cents or 19.82% over the last six weeks

--Largest six week net and percentage gain since the week ending Jan. 14, 2022

--Longest winning streak since the week ending March 12, 2021 when the market rose for eight straight weeks

--Up seven of the past eight weeks

--Today it is up 2.13 cents or 0.84%

--Up three of the past four sessions

--A new 52-week high

--Highest settlement value since Tuesday, Sept. 30, 2014

--Up 61.67% from its 52-week low of $1.5725 hit Friday, Jan. 29, 2021

--Rose 61.67% from 52 weeks ago

--Up 12.67% from its 2022 settlement low of $2.2565 hit Monday, Jan. 3, 2022

--Off 28.81% from its record high of $3.571 hit Thursday, July 3, 2008

--Month-to-date it is up 14.08%

--Year-to-date it is up 31.38 cents or 14.08%

 

All prices are calculated based on the settlement price of the current front month contract.

 

Source: Dow Jones Market Data

 

(END) Dow Jones Newswires

January 28, 2022 15:03 ET (20:03 GMT)

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