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NRGZ - Gasoline And Valero Head Into The Offseason
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E Sr MedTrm Nt
The spring and summer seasons are the time of the year when drivers in the United States put the most mileage on their automobiles. The peak season for gasoline tends to run from May through September each year, because of the weather and vacations. In the futures market, the price of gasoline peaks in anticipation of the approaching demand season and falls before it ends.
In 2019, gasoline futures on NYMEX hit a high at $2.1559 per gallon during the week of April 22. Recently, the price had declined to a low at $1.6111 during