Nymex Overview: Petroleum Futures Rally, but RVP Transition Affects Gasoline -- OPIS

By MarketWatch | Sep 16, 2024 at 12:36 PM EST

Despite bearish sentiment for 2025, current market trends suggest demand may exceed supply. Brent futures show a short skew for the first time, indicating a possible overpositioning. Gasoline futures are strong, while diesel faces spread trading as buyers anticipate easing premiums. Retail gasoline prices continue to decline.

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