Reformulated Blendstock for Oxygenate Blending
Reformulated Blendstock for Oxygenate Blending (RBOB) is a gasoline futures contract traded on the New York Mercantile Exchange (NYMEX). It is the benchmark futures contract for wholesale gasoline in the United States.
Source: Wikipedia — Reformulated Blendstock for Oxygenate Blending (CC BY-SA 4.0)