Rich Asplund on 06/05/2026

Crude Prices Fall on Iran Peace Hopes and Weak China Oil Demand

July WTI crude oil (CLN26 ) today is down -1.86 (-2.00%), and July RBOB gasoline (RBN26 ) is up +0.0202 (+0.66%). Crude oil prices are under pressure today, amid hopes of a US-Iran peace settlement that would allow the reopening of the Strait of Hormuz. Also, today's rally in the...Oil tanker in op

R Rich Asplund
Neha Panjwani on 06/05/2026

Is Williams Companies Stock Underperforming the Nasdaq?

Williams Companies has underperformed the Nasdaq over the past year, but analysts are highly optimistic about the stock’s prospects.A colorful concept image of a scoring system_ Image by Who is Danny via Shutterstock_

N Neha Panjwani
Rich Asplund on 06/04/2026

Crude Prices Retreat on Hopes US-Iran Peace Deal is Near

July WTI crude oil (CLN26 ) on Thursday closed down -2.98 (-3.10%), and July RBOB gasoline (RBN26 ) closed down -0.0933 (-2.98%). Crude oil prices settled sharply lower on Thursday amid hopes that the announced ceasefire between Israel and Lebanon could lead to a US-Iran peace plan that allows the..

R Rich Asplund
Rich Asplund on 06/04/2026

Smaller Inventories and Hotter US Temps Boost Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Thursday rose +0.122 (+3.80%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected increase in weekly nat-gas storage. The EIA reported nat-gas inventories rose by +95 bcf in the week ended May 29, below expectations of +99 bcf and the five-y

R Rich Asplund
Rich Asplund on 06/04/2026

Lebanon-Israel Ceasefire Knocks Crude Oil Prices Lower

July WTI crude oil (CLN26 ) today is down -3.25 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.1117 (-3.57%). Crude oil prices are falling sharply today amid hopes that the announced ceasefire between Israel and Lebanon could lead to a US-Iran peace plan that allows the reopening of...Petroleu

R Rich Asplund
Neha Panjwani on 06/04/2026

Is Occidental Petroleum Stock Outperforming the S&P 500?

Occidental Petroleum has outperformed the S&P 500 over the past year, and analysts are moderately optimistic about the stock’s prospects.Buy Sell cards by Kelly Sikkema via Unsplash

N Neha Panjwani
Rich Asplund on 06/03/2026

Fresh Clashes Between the US and Iran Boost Crude Oil Prices

July WTI crude oil (CLN26 ) on Wednesday closed up +2.26 (+2.41%), and July RBOB gasoline (RBN26 ) closed down -0.0127 (-0.40%). Crude oil prices rallied to a 1.5-week high on Wednesday and settled sharply higher as clashes between the US and Iran cast doubt on prospects for a peace...Strait of Horm

R Rich Asplund
Rich Asplund on 06/03/2026

Nat-Gas Prices Climb on Expectations of a Smaller Storage Build and Hotter US Temps

July Nymex natural gas (NGN26 ) on Wednesday rose +0.047 (+1.48%). Nat-gas prices moved higher on Wednesday on the outlook for a below-average build in weekly nat-gas storage. The consensus is that Thursday’s EIA weekly nat-gas inventories will climb by +99 bcf for the week ending May 29, below the

R Rich Asplund
Rich Asplund on 06/03/2026

Crude Oil Prices Gain on Middle East Peace Doubts

July WTI crude oil (CLN26 ) today is up +1.80 (+1.93%), and July RBOB gasoline (RBN26 ) is up +0.0155 (+0.49%). Crude oil prices are moving sharply higher today, posting a 1.5-week high as clashes between the US and Iran cast doubt on prospects for a peace deal that would...Petroleum oil and gas pro

R Rich Asplund
Rich Asplund on 06/02/2026

Crude Oil Prices Rally on US-Iran Peace Uncertainty

July WTI crude oil (CLN26 ) on Tuesday closed up +1.60 (+1.74%), and July RBOB gasoline (RBN26 ) closed up +0.0596 (+1.83%). Crude oil prices settled sharply higher on Tuesday amid uncertainty over when the US and Iran will agree to a peace deal reopening the Strait of Hormuz. Crude...Oil productio

R Rich Asplund
Rich Asplund on 06/02/2026

Nat-Gas Prices Drop on Signs of Larger US Domestic Supplies

July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes fell due to seasonal maintenance, boosting US domestic nat-gas supplies. Flows to US LNG export terminals on Tuesday fell to 16.9 bcf, the lowest..

R Rich Asplund
Rich Asplund on 06/02/2026

Oil Prices Slide on Improved US-Iran Peace Prospects

July WTI crude oil (CLN26 ) today is down -0.29 (-0.31%), and July RBOB gasoline (RBN26 ) is up +0.0390 (+1.26%). Crude oil prices are under pressure today on improved prospects for a peace deal between the US and Iran. President Trump said negotiations with Iran are continuing "at a...A sunset over

R Rich Asplund
Gregor Horvat on 06/02/2026

Elliott Wave Live: Bitcoin Sell-off Resume Despite Risk-on

It would not be a surprise to see some rebound on the dollar because notice that we may be forming a flat correction that is now slowly approaching the 38.2 percent retracement around the 98.50 area. For that reason, be aware of a potential rise back towards the upper side of the range this week.Tra

G Gregor Horvat
Rich Asplund on 06/01/2026

Nat-Gas Prices Fall Back on Cooler Forecasts for the East

July Nymex natural gas (NGN26 ) on Monday fell -0.111 (-3.37%). Nat-gas prices on Monday edged up to a new 2-month high but then fell back and closed sharply lower. Nat-gas prices fell back amid weather forecasts by Vaisala of cooler weather in the East for June 6-10, although above-normal...Natural

R Rich Asplund
Rich Asplund on 06/01/2026

Oil Prices Soar as Iran Halts US-Iran Ceasefire Negotiations

July WTI crude oil (CLN26 ) on Monday closed up +4.80 (+5.49%), and July RBOB gasoline (RBN26 ) closed up +0.0503 (+1.66%). Crude oil prices on Monday rallied sharply after Iran's Tasnim news agency reported that Iran's government said in a statement that it halted the exchange of messages with...Oi

R Rich Asplund
Rich Asplund on 06/01/2026

Oil Prices Soar as Iran Shuts Down US-Iran Ceasefire Negotiations

July WTI crude oil (CLN26 ) are up +6.21 (+7.11%), and July RBOB gasoline (RBN26 ) is up +0.1004 (+3.31%). Crude oil prices are sharply higher today after Iran’s Tasnim news agency reported that Iran’s government said in a statement that it halted the exchange of messages with the US...Oil tanker in

R Rich Asplund
Andrew Hecht on 06/01/2026

May’s Top Performers and Underperformers

A stronger dollar, weaker bonds, and uncertainty on the economic and geopolitical landscapes weighed on many commodities in May 2026. Many commodities experienced double-digit percentage declines, while none were more than 10% higher for the month that ended on Friday, May 29, 2026.Image by allstars

A Andrew Hecht