Front Month Nymex RBOB Gasoline for Feb. delivery gained 2.34 cents per gallon, or 0.97% to $2.4424 this week

 

--Up for five consecutive weeks

--Up 32.07 cents or 15.12% over the last five weeks

--Largest five week net and percentage gain since the week ending Jan. 7, 2022

--Longest winning streak since the week ending Oct. 15, 2021, when the market rose for five straight weeks

--Up six of the past seven weeks

--Today it is down 1.98 cents or 0.80%

--Largest one day dollar and percentage decline since Monday, Jan. 10, 2022

--Snaps a four session winning streak

--Off 2.96% from its 52-week high of $2.5168 hit Tuesday, Oct. 26, 2021

--Up 57.71% from its 52-week low of $1.5487 hit Friday, Jan. 22, 2021

--Rose 57.71% from 52 weeks ago

--Off 0.80% from its 2022 settlement high of $2.4622 hit Thursday, Jan. 20, 2022

--Up 8.24% from its 2022 settlement low of $2.2565 hit Monday, Jan. 3, 2022

--Off 31.60% from its record high of $3.571 hit Thursday, July 3, 2008

--Month-to-date it is up 9.60%

--Year-to-date it is up 21.39 cents or 9.60%

 

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 21, 2022 15:09 ET (20:09 GMT)

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