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Europe Underperforms

The M1 RBOB swap crack has been rangebound in the week ending 19 Jan, with prices hovering in the $12.80/bbl handle....
Published: January 19, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
14 page report
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The M1 RBOB swap crack has been rangebound in the week ending 19 Jan, with prices hovering in the $12.80/bbl handle. Last week, RBBRs witnessed a wave of bearish sentiment amid a significant build in US gasoline stocks (of nearly 9mb), which filtered into bearish sentiment in EBOB..

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