Gasoline (XB1) Down $0.01 Over Past 4 Hours, Underperforms All energy commodity; Entered Today Down 1.02%

Gasoline 4 Hour Price Update

Updated July 30, 2020 11:07 PM GMT (07:07 PM EST)

Gasoline came into the current 4 hour candle down 1.02% ($0.01) from the open of the previous 4 hours, marking the 3rd candle in a row it has gone down. On a relative basis, Gasoline was the worst performer out of all 6 of the assets in the energy commodity asset class the current 4 hour candle.

Gasoline Daily Price Recap

Gasoline is down 1.02% ($0.01) since the day prior, marking the 3rd day in a row it has gone down. Those trading within the energy commodity asset class should know that Gasoline was the worst performer in the class today. The daily price chart of Gasoline below illustrates.

XB1

Gasoline Technical Analysis

Coming into today Gasoline is now close to its 20 day averages, located at 1.26 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Gasoline’s price has gone down 6 them.

Overheard on Twitter

Behold! Here are the top tweets related to Gasoline:

  • From dance_uldis:

    President Trump has brought down gasonline prices. This affects the pocketbooks of all. Even those who dont own automobiles. The gasoline price is part of all products and services.

  • From IamtrevTrevor:

    @PTChimusoro Yet the gasoline price per liter is ZWD29. So mathematically 1 loaf of bread costs more than 2 litres of fuel.

  • From Gabisymen:

    #RDC: Tens of civilians protested yesterday in #Kisangani to denounce the gasoline price rise.