RBOB Prices

29-01-2026 - Over the past month, RBOB gasoline prices have risen from 171.52¢/gallon to 189.23¢/gallon, indicating a strengthening market. This increase may be attributed to potential supply constraints or heightened demand. The forecast predicts a further rise to 1.931¢/gallon, a 2.0% increase from the current 1.8923¢/gallon, suggesting a continued upward trend. However, this comes with the risk of market volatility impacting raw material prices.

The forecast highlights upward pressure on raw material prices, primarily influenced by Flows data, with significant contributions from Exchange Rates (0.0277¢/gallon) and Seaborne Imports & Exports (0.0089¢/gallon). All data types support this trend.

The projection anticipates NYMEX RBOB gasoline prices reaching $1.931 per gallon in the next month. Technical analysis from FX Leaders supports this bullish trend, predicting a daily closing price around $2.12 and a weekly closing price near $2.15. The Relative Strength Index (RSI) of 64.76 suggests the asset is nearing overbought territory but still has potential for upward movement. The Average True Range (ATR) of 0.0509 indicates moderate volatility, which could lead to price fluctuations within the forecasted ranges. Recent price actions have shown a tendency to rebound from support levels, reinforcing the positive outlook.