Front Month Nymex RBOB Gasoline for Feb. delivery gained 2.34 cents per gallon, or 0.97% to $2.4424 this week
--Up for five consecutive weeks
--Up 32.07 cents or 15.12% over the last five weeks
--Largest five week net and percentage gain since the week ending Jan. 7, 2022
--Longest winning streak since the week ending Oct. 15, 2021, when the market rose for five straight weeks
--Up six of the past seven weeks
--Today it is down 1.98 cents or 0.80%
--Largest one day dollar and percentage decline since Monday, Jan. 10, 2022
--Snaps a four session winning streak
--Off 2.96% from its 52-week high of $2.5168 hit Tuesday, Oct. 26, 2021
--Up 57.71% from its 52-week low of $1.5487 hit Friday, Jan. 22, 2021
--Rose 57.71% from 52 weeks ago
--Off 0.80% from its 2022 settlement high of $2.4622 hit Thursday, Jan. 20, 2022
--Up 8.24% from its 2022 settlement low of $2.2565 hit Monday, Jan. 3, 2022
--Off 31.60% from its record high of $3.571 hit Thursday, July 3, 2008
--Month-to-date it is up 9.60%
--Year-to-date it is up 21.39 cents or 9.60%
All prices are calculated based on the settlement price of the current front month contract.
Source: Dow Jones Market Data
(END) Dow Jones Newswires
01-21-22 1509ET