Gasoline 4 Hour Price Update
Updated September 16, 2020 12:50 AM GMT (08:50 PM EST)
Gasoline entered the current 4 hour candle at $1.1068, up 1.09% ($0.01) from 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
Gasoline came into today up 2.17% ($0.02) from the open of the previous day, marking the 2nd straight day it has gone up. Relative to other instruments in the energy commodity asset class, Gasoline ranked 4th since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Gasoline.
Gasoline Technical Analysis
The first thing we should note is that Gasoline is now close to its 100 day averages, located at 1.15 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Gasoline’s price has gone down 9 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Gasoline:
- From 1966MAVERICK:
U.S. Gulf Coast crack spread rose +$0.28 from $8.65 to $8.93 on September 14 as weighted gasoline price rose while LLS & diesel weighted prices were unchanged.
- From venuausiee:
@Toyota_India We love toyota but tax high gasoline price ..
“Energy Ellen” is the collective pseudonym used by several writers who contribute to our energy commentary who are passionate about the intersection of energy, economics, and investing. Follow Energy Ellen on social media: Instagram