RBOB Gasoline specifications
New York Mercantile Exchange (NYMEX), energy
- Tick
- $4.200.0001 per tick
- One point
- $42,000per contract
- Initial margin
- $10,343.30exchange, as of 27 Oct 2026
- Front contract
- RBX26roll by 28 Oct 2026
Specs checked as of How we source this
Contract terms
| Symbol | RB |
|---|---|
| Exchange | New York Mercantile Exchange (NYMEX) |
| Contract unit | 42,000 gallons |
| Price quotation | USD per gallon |
| Tick size | 0.0001 |
| Tick value | $4.20 per contract |
| Value of one point | $42,000 per contract |
| Currency | USD |
| Contract months | Jan (F), Feb (G), Mar (H), Apr (J), May (K), Jun (M), Jul (N), Aug (Q), Sep (U), Oct (V), Nov (X), Dec (Z) |
| Settlement | Physical delivery |
| Trading hours | CME Globex. Sunday open 17:00 CT, Friday close 16:00 CT, 60-minute daily maintenance break. Hours in your time zone |
| Expiry | Last trade: last business day of the month before the contract month. First notice: the business day after last trade. Next expiries |
| Exchange specification | https://www.cmegroup.com/markets/energy/refined-products/rbob-gasoline.contractSpecs.html |
What these terms mean
The RBOB Gasoline futures contract (RB) is listed on New York Mercantile Exchange. One contract represents 42,000 gallons, and prices are quoted in USD per gallon. The minimum price movement, or tick, is 0.0001, worth $4.20 per contract. A move of one full point is therefore worth $42,000 per contract, and every profit, loss and margin figure for RB scales from those two numbers.
RB is listed for these contract months: Jan (F), Feb (G), Mar (H), Apr (J), May (K), Jun (M), Jul (N), Aug (Q), Sep (U), Oct (V), Nov (X), Dec (Z). RB is physically delivered: holding a position into the delivery period can create an obligation to make or take delivery, which is why speculative traders normally close or roll before the first notice day or last trading day. The rollover page lists the next expiries and the dates that matter for each.
The values on this page come from the exchange's own contract specification and were last checked on 27 Oct 2026. Exchanges amend contract terms from time to time, most often trading hours and tick sizes. Where a value here disagrees with the exchange, the exchange is right; the methodology page explains how each field is checked, and any field we have not confirmed against the exchange is marked on this page.
Related contracts
- NY Harbor ULSD (Heating Oil) (HO): tick value $4.20
Sources
- https://www.cmegroup.com/markets/energy/refined-products/rbob-gasoline.contractSpecs.html: primary reference for all contract terms; linked, not machine-read (cmegroup.com blocks automated access) 2026-10-27
- https://www.ampfutures.com/trading-info/contract-specifications: cross-check of tick size, tick value, contract unit and months; secondary source (broker page) 2026-10-27
Questions
- What is the tick size of RB?
- The minimum price movement of RBOB Gasoline futures is 0.0001, worth $4.20 per contract.
- How much is one point of RB worth?
- One full point is worth $42,000 per contract.
- Is RB cash-settled or physically delivered?
- RB is physically delivered.