RBOB Futures
Reformulated Blendstock for Oxygenated Blending (RBOB) gasoline futures contract. Physically deliverable free-on-board (FOB) sellers' ex-shore facility in New York Harbor. Trading terminates on the last business day of the month prior to the contract month. Its crack is calculated versus WTI NYMEX at the same timestamp. For blending with 10% denatured fuel ethanol (92% purity) as defined in ASTM D-4806 and listed by the Colonial Pipeline Company for fungible F grade RBOB gasoline. Designated for sale in New York and New Jersey in accordance with US EPA regulations. Does not contain oxygenates, such as ethers or alcohols.
Currency and unit of measure: $/gal
Incoterm: FOB
Quantity: 42,000 gallons
Time of assessment: 14:30:00 America/New_York
Publishing frequency: Daily
Spec:
Start Date: 08.03.2021
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