Rich Asplund on 07/30/2026

Crude Oil Prices Drop on Increased Traffic Through Strait of Hormuz

September WTI crude oil (CLU26 ) closed down -0.87 (-1.03%) on Thursday, and September RBOB gasoline (RBU26 ) closed down -0.0945 (-2.93%). Crude oil and gasoline prices gave up an overnight advance and settled lower on Thursday in hopes of a diplomatic solution to the US-Iran war. Crude prices als

R Rich Asplund
Rich Asplund on 07/30/2026

Nat-Gas Prices Climb on Smaller-Than-Expected Storage Increase

September Nymex natural gas (NGU26 ) on Thursday closed up +0.036 (+1.32%). Nat-gas prices settled higher on Thursday on a smaller-than-expected storage increase. Weekly EIA nat-gas inventories rose +28 bcf in the week ended July 24, below expectations of +37 bcf. Nat-gas prices extended their gain

R Rich Asplund
Rich Asplund on 07/30/2026

Crude Oil Prices Slip on Ongoing US-Iran Negotiations

September WTI crude oil (CLU26 ) today is down -0.16 (-0.19%), and September RBOB gasoline (RBU26 ) is down -0.0740 (-2.29%). Crude oil and gasoline prices gave up an overnight advance and turned lower on hopes for a diplomatic solution to the US-Iran war, along with signs of increased oil...Oil tan

R Rich Asplund
Daniel White on 07/30/2026

Traders Bet Iran Still Wants Peace, Oil Pulls Back

Overnight, the US followed through on Trump's promise and struck Iranian military infrastructure, with reports of LNG tankers docked in Egypt also getting hit. By most measures that should send crude flying. Instead, it's moving lower. The market's read is that these strikes and the militia attacks

D Daniel White
Trent Klarenbach on 07/30/2026

Crude Oil Analysis: WTI Technical Setup & Price Trends

An expert look at light crude oil market trends, Elliott Wave setups, and price targets impacting Western Canadian grain marketing and fuel costs.Crude Oil pumpjack at sunset by Zbynek Burival via Unsplash

T Trent Klarenbach
Neha Panjwani on 07/30/2026

Is Wall Street Bullish or Bearish on APA Corporation Stock?

APA Corporation has significantly outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.Smartphone with logo of American petroleum company APA Corporation on screen in front of business website by Timon

N Neha Panjwani
Rich Asplund on 07/29/2026

Crude Oil Prices Surge as US-Iran Conflict Looks to Drag On

September WTI crude oil (CLU26 ) on Wednesday closed up +5.20 (+6.56%), and September RBOB gasoline (RBU26 ) closed up +0.0815 (+2.59%). Crude oil and gasoline prices rallied sharply on Wednesday amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in

R Rich Asplund
Rich Asplund on 07/29/2026

Nat-Gas Prices Rebound Ahead of August Contract Expiration

August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.063 (+2.37%). Nat-gas prices rebounded from a 3-month nearest-futures low and settled higher amid fund short covering as Wednesday was the last trading day for the August Nymex natural gas futures contract. Prices have been under pressure

R Rich Asplund
Rich Asplund on 07/29/2026

Crude Oil Prices Soar as US-Iran Tensions Escalate

September WTI crude oil (CLU26 ) today is up +5.31 (+6.70%), and September RBOB gasoline (RBU26 ) is up -0.0802 (+2.55%). Crude oil and gasoline prices are soaring today amid a fresh round of hostilities in the Middle East, which threatens global energy supplies. Gains in crude accelerated after Pr

R Rich Asplund
Daniel White on 07/29/2026

Crude Jumps as Ceasefire Collapses After Iran Missile Strikes

The ceasefire didn't survive the week. Iran fired ballistic missiles at US forces overnight, and the US and Saudi Arabia hit back against Iran-backed militias in Iraq who'd already been drone-striking Saudi oil infrastructure. Crude is waking up to the news, and traders who got comfortable with "de-

D Daniel White
TradingView on 07/29/2026

Geopolitical relief ahead?

U.S.-Iran hostilities are on hold, Brent is correcting, but the risks and consequences haven't gone away.Image by Sorapop Udomsri via Shutterstock

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Rich Asplund on 07/28/2026

Crude Oil Prices Sink on Renewed Hopes of a US-Iran Peace Deal

September WTI crude oil (CLU26 ) on Tuesday closed down -3.35 (-4.06%), and September RBOB gasoline (RBU26 ) closed down -0.0253 (-0.80%). Crude oil and gasoline prices settled sharply lower on Tuesday for a third day, with crude falling to a 1-week low. Crude prices added to Monday’s sharp losses.

R Rich Asplund
Rich Asplund on 07/28/2026

Cooler US Weather Forecasts Push Nat-Gas Prices Lower

August Nymex natural gas (NGQ26 ) on Tuesday closed down -0.105 (-3.79%). Nat-gas prices retreated for a fourth straight session on Tuesday and posted a 3-month nearest-futures low. Prices are under pressure as weather models shifted to show a cooler Midwest and East Coast in the near term, reducin

R Rich Asplund
Rich Asplund on 07/28/2026

Crude Oil Prices Pressured by Optimism Over Iran Negotiations

September WTI crude oil (CLU26 ) today is down -3.25 (-3.93%), and September RBOB gasoline (RBU26 ) is down -0.0304 (-0.96%). Crude oil and gasoline prices are sliding today, with crude falling to a 1-week low. Crude prices added to Monday’s sharp losses today on optimism over negotiations to reope

R Rich Asplund
OptionMetrics on 07/28/2026

Crude Oil Volatility in Context

Oil is back in the news, with a situation seemingly similar to that of last March: escalating hostilities, constraints in the Straits of Hormuz, and renewed prospects of rapidly tightening supply. But how does recent crude oil volatility rank historically? Brett Friedman, Winhall Risk Analytics/Opti

O OptionMetrics