Front Month Nymex RBOB Gasoline for Jan. delivery lost 35.69 cents per gallon, or 14.51% to $2.1026 this year

 

--Largest one year net decline since year end 2018

--Largest one year percentage decline since year end 2020

--Snaps a two year winning streak

--This quarter it is down 33.73 cents or 13.82%

--Largest one quarter net and percentage decline since the third quarter of 2022

--Down for three consecutive quarters

--Down 59.79 cents or 22.14% over the last three quarters

--Largest three quarter net and percentage decline since the first quarter of 2023

--Down five of the past six quarters

--This month it is down 9.72 cents or 4.42%

--Largest one month net and percentage decline since Oct. 2023

--Down for five consecutive months

--Down 82.64 cents or 28.21% over the last five months

--Largest five month net and percentage decline since Dec. 2022

--Longest losing streak since Jan. 2015 when the market fell for seven straight months

--Down seven of the past nine months

--This week it is down 2.75 cents or 1.29%

--Largest one week net and percentage decline since the week ending Dec. 8, 2023

--Down for two consecutive weeks

--Down 3.44 cents or 1.61% over the last two weeks

--Largest two week net and percentage decline since the week ending Dec. 8, 2023

--Down nine of the past 10 weeks

--Today it is up 1.74 cents or 0.83%

--Snaps a two session losing streak

--Off 29.08% from its 52-week high of $2.9649 hit Friday, Aug. 11, 2023

--Up 6.21% from its 52-week low of $1.9797 hit Tuesday, Dec. 12, 2023

--Down 14.51% from 52 weeks ago

--Off 29.08% from its 2023 settlement high of $2.9649 hit Friday, Aug. 11, 2023

--Up 6.21% from its 2023 settlement low of $1.9797 hit Tuesday, Dec. 12, 2023

--Off 50.83% from its record high of $4.2762 hit Thursday, June 9, 2022

 

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

 

Source: Dow Jones Market Data

 

(END) Dow Jones Newswires

December 29, 2023 15:09 ET (20:09 GMT)

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