RBOB definition
Examples of RBOB in a sentence
The weekly average of the daily high and low prices shown in the publication for each of the three conventional unleaded gasoline fuel types, RBOB, PreRBOB and Ethanol will be used to compute price revisions during the contract period.
Product sold under a Transaction shall be produced and delivered in full compliance with all Applicable Law, including environmental fuels regulations for (i) gasoline and alcohol blends, (ii) ultra low sulfur diesel, (iii) reformulated gasoline and RBOB, (iv) gasoline additives and (v) aviation fuel.
Gasolines NYMEX RBOB futures contract* Ethanol NYMEX RBOB future contract or CBOT ethanol futures contract* Distillates NYMEX Heating Oil (HO) futures contract* Fuel Oils NYH 1% Sulfur Residual Fuel Oil Swaps * Could also use comparable swaps contracts There is no basis spread recorded for any system position hedged with the base hedging instrument.
Examples of outright oil positions would include the following: • Exchange transactions, such as Heating Oil, Gasoil, RBOB, Natural Gas, and WTI; • Over-the-Counter (OTC) swaps positions; and • Cash (physical) positions.
As an example, a crack spread (net balanced position between crude oil and refined products such as RBOB and / or heating oil) would generally not be part of a system requirement and would be considered discretionary.
The Index Commodities are (1) Light Sweet Crude Oil (WTI), (2) Heating Oil, (3) RBOB Gasoline, (4) Natural Gas, (5) ▇▇▇▇▇ Crude, (6) Gold, (7) Silver, (8) Aluminum, (9) Zinc, (10) Copper Grade A, (11) Corn, (12) Wheat, (13) Soybeans, and (14) Sugar.
Gasoline RBOB RBOB10.0UNLV2 Price will be the average of the Daily Price for the [REDACTED] unique days [REDACTED] the Closing date, inclusive.
The weekly average of the daily high and low prices shown in the publication for each of the three-conventional unleaded gasoline fuel types, RBOB, PreRBOB and Ethanol will be used to compute price revisions during the contract period.
Both parties shall comply with the PTD requirements for Conventional Gasoline for all non-RFG requirements and RBOB gasoline (as required by federal law).
Since June 2006, the historic data with respect to the closing prices of futures contracts on ▇▇▇▇▇ Crude Oil (LCO), RBOB Gasoline (XB), Natural Gas (NG), Silver (SI), Zinc (MZN), Copper - Grade A (MCU), Soybeans (S) and Sugar (SB) originated from Reuters.