{"id":238575,"date":"2026-02-02T12:59:12","date_gmt":"2026-02-02T17:59:12","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=238575"},"modified":"2026-02-02T15:55:21","modified_gmt":"2026-02-02T20:55:21","slug":"prices-at-the-pump-almost-certainly-increased-last-week","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/prices-at-the-pump-almost-certainly-increased-last-week\/","title":{"rendered":"Prices at the Pump Almost Certainly Increased Last Week: Feb. 2, 2026"},"content":{"rendered":"\n<p>Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday, Jan. 27. Against this backdrop, the \u201cYes\u201d contracts at <a href=\"https:\/\/forecasttrader.interactivebrokers.com\/eventtrader\/#\/market-details?id=751047545%7C20260203%7C2.6%7C\" target=\"_blank\" rel=\"noreferrer noopener\">$2.60<\/a>, $2.70 and $2.80 appear undervalued to me at $0.95, $0.88 and $0.86, as they should all be closer to $0.97 in my opinion. An updated publication is scheduled for tomorrow.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"566\" height=\"524\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/02\/image.png\" alt=\"\" class=\"wp-image-238577 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/02\/image.png 566w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/02\/image-300x278.png 300w\" data-sizes=\"(max-width: 566px) 100vw, 566px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 566px; aspect-ratio: 566\/524;\" \/><\/figure>\n\n\n\n<p><em>Source for images: ForecastEx<\/em><\/p>\n\n\n\n<p><em>Note: Prices are highest bids as of the morning of Feb. 2, 2026.<\/em>&nbsp;Red circle around the thresholds was inserted by J. Torres to highlight \u201cYes\u201d answers throughout different levels.<\/p>\n\n\n\n<p><em>To learn more about ForecastEx, view our Traders\u2019 Academy video&nbsp;<\/em><a href=\"https:\/\/www.youtube.com\/watch?v=ceR-weGZSXc\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><em>here<\/em><\/strong><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday, Jan. 27.<\/p>\n","protected":false},"author":903,"featured_media":223180,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[18929,18,6,8,9,26,3],"tags":[12719],"contributors-categories":[13760],"class_list":{"0":"post-238575","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forecast-trader","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"tag-gasoline-prices","15":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Prices at the Pump Almost Certainly Increased Last Week: Feb. 2, 2026<\/title>\n<meta name=\"description\" content=\"Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/238575\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prices at the Pump Almost Certainly Increased Last Week: Feb. 2, 2026 | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday, Jan. 27.ing geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday the 27th. Against this backdrop, the \u201cYes\u201d contracts at $2.60, $2.70 and $2.80 appear undervalued to me at $0.95, $0.88 and $0.86, as they should all be closer to $0.97 in my opinion. An updated publication is scheduled for tomorrow. Source for images: ForecastExNote: Prices are highest bids as of the morning of Feb. 2, 2026. Red circle around the thresholds was inserted by J. Torres to highlight \u201cYes\u201d answers throughout different levels.To learn more about ForecastEx, view our Traders\u2019 Academy video here\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/prices-at-the-pump-almost-certainly-increased-last-week\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-02T17:59:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-02T20:55:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2025\/05\/OPEC-Oil-featured-img.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jose Torres\" \/>\n<meta name=\"twitter:card\" 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27.ing geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday the 27th. Against this backdrop, the \u201cYes\u201d contracts at $2.60, $2.70 and $2.80 appear undervalued to me at $0.95, $0.88 and $0.86, as they should all be closer to $0.97 in my opinion. An updated publication is scheduled for tomorrow. Source for images: ForecastExNote: Prices are highest bids as of the morning of Feb. 2, 2026. Red circle around the thresholds was inserted by J. 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His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/jose-torres\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Prices at the Pump Almost Certainly Increased Last Week: Feb. 2, 2026","description":"Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/238575\/","og_locale":"en_US","og_type":"article","og_title":"Prices at the Pump Almost Certainly Increased Last Week: Feb. 2, 2026 | IBKR Campus US","og_description":"Sharp increases in gasoline and crude oil futures last week driven by heightening geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday, Jan. 27.ing geopolitical tensions between Washington and Tehran almost certainly raised the correlated prices at the pump north of the $2.853 level previously reported on Tuesday the 27th. 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Against this backdrop, the \u201cYes\u201d contracts at $2.60, $2.70 and $2.80 appear undervalued to me at $0.95, $0.88 and $0.86, as they should all be closer to $0.97 in my opinion. An updated publication is scheduled for tomorrow. Source for images: ForecastExNote: Prices are highest bids as of the morning of Feb. 2, 2026. Red circle around the thresholds was inserted by J. 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