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RBOB Gasoline

Educational Resources For Trading Futures & Options

The following information provides basic contract specifications for crude oil futures contracts.  Please feel free to contact us via Phone, Live Chat, or Email for any further inquiries.

Educational Resources For Trading Futures & Options

Gasoline is the largest single volume refined product sold in the United States and accounts for almost half of national oil consumption.  There are two contract denominations for trade:


  • RB trades in units of 42,000 gallons (1,000 barrels)
    The minimum price fluctuation is $0.0001 (0.01¢) per gallon ($4.20 per contract).
  • QU (e-miNY)  trades in units of 21,000 gallons (500 barrels)
    The minimum price fluctuation is $0.001 (0.1¢) per gallon ($21.00 per contract).

Maximum Daily Price Fluctuation is $0.25 per gallon.

Contract Expiration:  Request Free Demo to gain access to our web-based trading platform.  From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.

Margin requirements are subject to change, and are required for open futures positions.

Both RBOB Gasoline futures contracts available for trade on the CME Globex electronic trading platform and clears through the New York Mercantile Exchange.  Open outcry trading is conducted from 7:00 AM PT until 11:30 AM PT.  Electronic trading is conducted from 3:00PM PT through 2:15PM PT the next day, with only a 45-minute break in trading each day.

Trading example:  If you were to purchase 1 contract of RB at $3.000 and the next day it moves to $3.0250, you have a profit of $1,050.  Inversely, if the price were to move down to $2.9750 you would have a loss of $1,050. For less risk/volatility you can trade the e-miNY contract which is ½ the size.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - To make sense of the information provided and learn how to trade futures please read through our futures education.
This information is from sources believed to be reliable, but Expo Futures will not be held responsible for either its accuracy or completeness. Please note that all times posted are in Pacific Standard Time and are subject to change.
For information on a particular contract not listed, please feel free to contact us.

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