Rich Asplund on 06/30/2026

Crude Prices Fall as Global Oil Supply Risks Ease

August WTI crude oil (CLQ26 ) on Tuesday closed down -1.25 (-1.77%), and August RBOB gasoline (RBQ26 ) closed down -0.0063 (-0.22%). Crude oil and gasoline prices retreated on Tuesday, with crude settling sharply lower. Crude oil prices gave up an early advance and turned lower on Tuesday amid sign

R Rich Asplund
Rich Asplund on 06/30/2026

Nat-Gas Prices Rebound on Hot US Temps and Strong LNG Exports

August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.094 (+2.96%). Nat-gas prices recovered from a 1.5-week low on Tuesday and settled sharply higher. Above-normal US temperatures and increased US LNG exports pushed nat-gas prices higher on Tuesday. The Commodity Weather Group on Tuesday said

R Rich Asplund
Andrew Hecht on 06/30/2026

How Low Can Crude Oil Go?

News of a deal to end hostilities between the U.S. and Iran has sent crude oil prices to the lowest level since March 2026. If the Strait of Hormuz opens to traffic and attacks cease, crude oil prices could head for the late 2025 low or lower. However, if hostilities break out again, higher oil pric

A Andrew Hecht
Daniel White on 06/30/2026

Energy Update - Morning Express - Blue Line Futures

Crude is up today as Iran and the US's scheduled diplomatic meeting in Qatar is in question. While the US has been public about the planned meet, Iran has stated that no talks are scheduled. Despite the "MOU", both sides have traded attacks, with Iran claiming sovereignty over the strait and attacki

D Daniel White
Rich Asplund on 06/30/2026

Crude Prices Slip as Global Oil Supply Risks Recede

August WTI crude oil (CLQ26 ) today is down -0.59 (-0.83%), and August RBOB gasoline (RBQ26 ) is up +0.0078 (+0.27%). Crude oil and gasoline prices are trading mixed today. Crude oil prices gave up an early advance and turned lower today amid signs that more crude is flowing through...Aerial view o

R Rich Asplund
Rich Asplund on 06/29/2026

Reduced Tanker Flows Through Strait of Hormuz Boosts Crude Prices

August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the...A s

R Rich Asplund
Rich Asplund on 06/29/2026

Stronger US Production Knocks Nat-Gas Prices Lower

August Nymex natural gas (NGQ26 ) on Monday closed down -0.098 (-2.99%). Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up US nat-gas production is weighing on prices after output in the lower-48 US states rose to nearly 114 bcf/day on Sunday, the most in...Jack up

R Rich Asplund
Daniel White on 06/29/2026

Energy Update - Morning Express - Blue Line Futures

Crude is up as Iran and the US traded strikes over the weekend. Iran has struck tankers crossing the strait and the US has retaliated as the "cease-fire" remains in place. On Sunday, both sides agreed to cease strikes and a talk is set for Doha tomorrow. The market's reaction to how flimsy this ceas

D Daniel White
Neha Panjwani on 06/29/2026

Halliburton's Q2 2026 Earnings: What to Expect

Halliburton will release its second-quarter earnings next month, and analysts anticipate a low single-digit profit dip.Gas industry transport system by Sergey via Adobe Stock

N Neha Panjwani
Darren Carlat on 06/27/2026

Beyond Carry: Why Direction Matters in Commodity Spread Trading

Carry helps identify opportunity—but it doesn't tell you which side of the trade has the historical edge. Using a database of more than 31,000 commodity spread trades, this article introduces the first of three behavioral characteristics used to evaluate spread opportunities: Direction. Real-world e

D Darren Carlat
Rich Asplund on 06/26/2026

Crude Oil Prices Fall Sharply as Global Supply Risks Ease

August WTI crude oil (CLQ26 ) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26 ) closed down -0.0765 (-2.64%). Crude oil and gasoline prices settled sharply lower on Friday, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is...Petro

R Rich Asplund
Rich Asplund on 06/26/2026

Nat-Gas Prices Drop as July Nymex Contract Expires

July Nymex natural gas (NGN26 ) on Friday closed down -0.112 (-3.35%). Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower. Long liquidation pressured prices on Friday, the last day of trading for the expiring July Nymex nat-gas contract. Nat-gas prices initially moved

R Rich Asplund
Daniel White on 06/26/2026

Energy Update - Morning Express - Blue Line Futures

Crude oil is off -1.64 despite a tanker being struck within the Strait of Hormuz. The IRGC has been angered by a joint US-Gulf statement that challenged Iran's sovereignty over the Strait and said tolls would not be charged.An oil tanker out at sea by Gerhard Traschutz via Pixabay

D Daniel White
Rich Asplund on 06/26/2026

Crude Oil Prices Sink as Supplies Out of the Persian Gulf Accelerate

August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are plunging today, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting global oil...Stacked o

R Rich Asplund
Rich Asplund on 06/25/2026

Crude Oil Prices Sharply Higher on Concerns of Reopening of Strait of Hormuz

August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline prices erased early losses on Thursday and rallied sharply as short covering emerged on a report that an unknown projectile off the coast of...Oil

R Rich Asplund