October RBOB prices posted a higher high during the early morning hours, supported by a rally in risk assets across the glob. The macroeconomic tone embraced Fed chairman Bernake's new quantitative easing program, which helped turn the gasoline markets focus away from easing US supply concerns. Ideas that northeast supplies could increase in the near term, coupled with the end of the summer driving season, could become factors after the market accepts the Fed's new program.
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