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Summer Driving Season

US gasoline (RBOB futures) drive bullish sentiment ahead of summer driving season; higher arbs and gasnaps trigger sell-side flows
Published: April 27, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
14 page report
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The gasoline complex saw continued strength over the week, driven by bullish sentiment in the RBOB (US gasoline) futures complex. The M1 RBOB swaps crack continued its rally from $36 to $41/bbl where it has encountered greater resistance at these levels.

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