Goldman Sachs RBOB Gasoline Sees Open Interest Surge As Storm Looms

Tropical Storm Francine News

Goldman Sachs RBOB Gasoline Sees Open Interest Surge As Storm Looms
Hurricane FrancineEnergy MarketsRBOB Gasoline
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Goldman Sachs analyzes the impact of Tropical Storm Francine on energy markets, focusing on RBOB gasoline.

Tropical Storm Francine churned off the Texas Gulf Coast early Tuesday with sustained winds of 65 mph. The storm is expected to strengthen into a hurricane later today as it traverses northeast toward the Gulf Coast and becomes a looming threat for dozens of offshore oil and gas platforms and inland refineries.

recovering off its record low. Gasoline October-November Calendar Spread

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