Gasoline 4 Hour Price Update
Updated June 24, 2020 03:08 PM GMT (11:08 AM EST)
The choppiness in the recent four-hour candle price action of Gasoline continues; to start the current 4 hour candle, it came in at a price of 1.3002 US dollars, down 0.12% ($0) since the last 4 hour candle. Relative to other instruments in the energy commodity asset class, Gasoline ranked 2nd since the last 4 hour candle in terms of percentage price change.
Gasoline Daily Price Recap
1.3002 was the closing price of the day for Gasoline, resulting in today being one in which price moved down 0.12% ($0) from the day prior. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 2nd for the day in terms of price change relative to the day prior. Below is a daily price chart of Gasoline.
Gasoline Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Gasoline’s price has gone up 21 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Gasoline for the past day were:
- From TomKloza:
OPIS projects that the average second quarter 2020 gasoline price will be ~$1.94 gal, representing the cheapest US second quarter since 2004. We don’t see that much upside in summer prices unless there is an event (hurricane, earthquake, Middle East drama).
- From abdulsalamjahav:
The gasoline price peaked to 379 YR / liter in November 2019, after it was 150 YR / liter before the US-Saudi war & blockade on #Yemen started #YemenCantBreathe
- From Ahmed35514791:
The gasoline price peaked to 379 YR / liter in November 2019, after it was 150 YR / liter before the US-Saudi war & blockade on #Yemen st