RBOB Gasoline futures reach multi-month highs on inventory draw. 8/28/26

RBOB Gasoline futures reach their highest levels in over three months, driven by larger-than-expected inventory drawdowns and domestic refineries operating near full capacity. This upside momentum creates notable price dispersion in the energy sector, as WTI Crude Oil futures lag behind and remain range-bound between $82 and $83. Dan Deming explores the diverging trends, analyzing how system tightness is supporting the gasoline rally while crude oil consolidates at lower levels. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #CrudeOil #Gasoline #Futures