Rich Asplund on 05/20/2025

Crude Prices Ease on Energy Demand Concerns

June WTI crude oil (CLM25 ) today is down -0.26 (-0.41%) and June RBOB gasoline (RBM25 ) is up +0.0018 (+0.09%). Crude oil prices today are moving lower as weakness in equity markets has sparked risk-off sentiment in asset markets and dampened confidence in the economic outlook and energy demand....

R Rich Asplund
Direxion on 05/20/2025

Oil Be Back: GUSH and DRIP Take Production Stocks for a Spin

The oil and gas sector's volatility is nothing new, but 2025 has turned up the heat. Geopolitics, policy shifts, and market dynamics collide to make a perfect storm.Worker checking a jackpump at sunrise by zhengzaishuru via iStock

D Direxion
Rich Asplund on 05/19/2025

Crude Oil Prices Gain on Dollar Weakens and Doubts Over an Iran Nuclear Deal

June WTI crude oil (CLM25 ) Monday closed up +0.20 (+0.32%) and June RBOB gasoline (RBM25 ) closed down -0.0030 (-0.14%). Crude oil prices on Monday recovered from early losses and settled slightly higher on the decline in the dollar index (DXY00 ) to a 1-week low. Crude also has...An oil tanker ou

R Rich Asplund
Rich Asplund on 05/19/2025

Nat-Gas Prices Slump on Ample Supplies and Cool Spring Temps

June Nymex natural gas (NGM25 ) on Monday closed down by -0.221 (-6.63%). June nat-gas prices on Monday extended their week-long slide to a 3-week low and settled sharply lower. Ample supplies and forecasts for cool US spring temperatures to continue are weighing on nat-gas prices. EIA nat-gas in

R Rich Asplund
Rich Asplund on 05/19/2025

Crude Oil Prices Supported by Dollar Weakness and Iran Nuclear Deal Doubts

June WTI crude oil (CLM25 ) today is up +0.19 (+0.30%) and June RBOB gasoline (RBM25 ) is down -0.00082 (-0.38%). Crude oil prices today recovered from early losses and are moving higher on the decline in the dollar index (DXY00 ) to a 1-week low. Crude also has support...Two oil barrels on ground

R Rich Asplund
Bill Baruch on 05/19/2025

Crude Slips as Risk-Off Mood Grips Markets

WTI Crude Oil Futures (June Future) Yesterday’s Settlement: 63.15, down -0.52 [-0.82%] Subscribers should be aware that our bias shifted to Neutral from Neutral / Bullish after upside targets were reached on Tuesday and Wednesday. Sign up for our research portal for live updates and analysis

B Bill Baruch
Rich Asplund on 05/16/2025

Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25 ) closed up +0.0074 (+0.25%). Crude oil and gasoline prices on Friday settled higher after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude were limited...

R Rich Asplund
Rich Asplund on 05/16/2025

Cooler US Temps Push Nat-Gas Prices Lower

June Nymex natural gas (NGM25 ) on Friday closed down by -0.028 (-0.83%). June nat-gas prices on Friday slid to a fresh 2-week low on the outlook for cooler US spring temperatures that will dampen nat-gas demand from electricity providers to power air conditioning. On Friday, forecaster Atmospheric

R Rich Asplund
Rich Asplund on 05/16/2025

Crude Prices Rise on Doubts About a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) today is up +0.49 (+0.80%) and June RBOB gasoline (RBM25 ) is up +0.0012 (+0.06%). Crude oil and gasoline prices are moving higher today after Iran's foreign minister expressed doubts about the status of nuclear talks with the US. Gains in crude are limited...Stacked oil

R Rich Asplund
Darin Newsom on 05/15/2025

Afternoon Commentary, Jeopardy, and Things That Stink

If we look at Thursday's session like a round of Jeopardy, the markets provide the answers in the form of questions to the clue, "Things That Stink".Graph down income arrow by The_Creador via Shutterstock

D Darin Newsom
Rich Asplund on 05/15/2025

Crude Prices Finish Sharply Lower on Fears of a Global Oil Glut

June WTI crude oil (CLM25 ) Thursday closed down -1.53 (-2.42%) and June RBOB gasoline (RBM25 ) closed down -0.0356 (-1.64%). Crude oil and gasoline prices fell sharply Thursday after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on Iranian...S

R Rich Asplund
Rich Asplund on 05/15/2025

Nat-Gas Prices Fall as Weekly EIA Inventories Climb

June Nymex natural gas (NGM25 ) on Thursday closed down by -0.130 (-2.72%). June nat-gas prices on Thursday sank to a 2-week low and settled sharply lower on a greater-than-average build in weekly inventories. The EIA reported Thursday that nat-gas inventories rose by +110 bcf for the week ended M

R Rich Asplund
Andrew Hecht on 05/15/2025

Is There More Downside in Crude Oil?

Nearby June NYMEX crude oil futures prices fell to a $55.30 per barrel low on May 5, just above the most recent $54.67 bottom on April 9. While the energy commodity made a higher low and has rallied, the trend remains bearish, and lower lows could be on the horizon.2 pumpjacks at sunset by vadimryse

A Andrew Hecht
Rich Asplund on 05/15/2025

Crude Prices Tumble as Prospects Improve for a US-Iran Nuclear Deal

June WTI crude oil (CLM25 ) today is down -1.73 (-2.74%) and June RBOB gasoline (RBM25 ) is down -0.0442 (-2.04%). Crude oil and gasoline prices today are sharply lower after President Trump said the US and Iran are getting closer to a nuclear deal, which could ease sanctions on...Oil pipeline in al

R Rich Asplund
Neha Panjwani on 05/15/2025

Phillips 66 Stock: Is Wall Street Bullish or Bearish?

Phillips 66 has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.Phillips 66 logo- by Jonathan Weiss via Shutterstock

N Neha Panjwani
Rich Asplund on 05/14/2025

Crude Prices Pressured as Weekly EIA Crude Inventories Increase

June WTI crude oil (CLM25 ) Wednesday closed down -0.52 (-0.82%) and June RBOB gasoline (RBM25 ) closed up +0.0040 (+0.18%). Crude oil and gasoline prices on Wednesday settled mixed, with gasoline climbing to a 6-week high. Crude prices fell Wednesday after weekly EIA crude inventories unexpectedly

R Rich Asplund
Rich Asplund on 05/14/2025

Nat-Gas Prices Slump as Warm US Temps Expected to Boost Inventories

June Nymex natural gas (NGM25 ) on Wednesday closed down by -0.155 (-4.25%). June nat-gas prices on Wednesday tumbled to a 1-week low and settled sharply lower. Forecasts for mild US spring temperatures that will reduce demand for air-conditioning are weighing on nat-gas prices. Forecaster Vaisala

R Rich Asplund