Gasoline (XB1) Up $0.02 Over Past 4 Hours, Started Today Down 2.24%; Crosses 50 and 100 Day Moving Averages

Gasoline 4 Hour Price Update

Updated October 12, 2020 12:50 AM GMT (08:50 PM EST)

The back and forth price flow continues for Gasoline, which started the current 4 hour candle off at 1.2299 US dollars, up 1.7% ($0.02) from the previous 4 hours. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Gasoline Daily Price Recap

The choppiness in the recent daily price action of Gasoline continues; to start today, it came in at a price of 1.2023 US dollars, down 2.24% ($0.03) since the day prior. Those trading within the energy commodity asset class should know that Gasoline was the worst performer in the class today. Below is a daily price chart of Gasoline.


Gasoline Technical Analysis

Notably, Gasoline crossed below its 50 and 100 day moving averages yesterday. For additional context, note that price has gone up 5 out of the past 10 days.

“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