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Thanks. RBOB is a major future's barometer. Appreciate your...

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Charliejunkdog

299 Posts.

08/07/22

00:38

Post #: 62431702
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Originally posted by tangs: ↑

1. Couldn't really decipher what the question actually was , want to rephrase ?
My question to you totally of topic but may not is future's in RBOB over the next several quarters see a fall. US market.
2, I know only a little about rbob
3.So many unknowns that challenging for anyone to pick certainty in the market in general over the next little while

the little I can say is that as gas is more abundant than oil perhaps there is a place for rbob to be in demand , if the economics of the production are right !
and that IMO more likely than not we will avoid a big recession so demand for fuel shouldn't fall too far or too long
all this in the context of a gradual drift away from fossil fuels worldwide

absolutely no idea about the stability of that particular market
am very curious about the economics of the particular rbob you're investing in

sorry , more of a goldie myself

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Thanks. RBOB is a major future's barometer. Appreciate your input.
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