RBOB seasonality?

Discussion in 'Energy Futures' started by jeffzhu, Apr 3, 2009.

  1. jeffzhu

    jeffzhu

    Hi

    Does anyone know why RBOB at NYMEX is traded at much lower price for Oct delivery than previous months? Is it seasonality or delivery rules?
     
  2. bone

    bone ET Sponsor

    Summer driving season is over with, and refiners are switching their runs over to heating oil. So, seasonality.
     
  3. jeffzhu

    jeffzhu

    thanks for the answer