Rich Asplund on 07/16/2026

Crude Oil Prices Weaken on Dollar Strength

August WTI crude oil (CLQ26 ) today is down -0.24 (-0.30%), and August RBOB gasoline (RBQ26 ) is down -0.0088 (-0.27%). Crude oil and gasoline prices are slightly lower today, weighed down by a stronger dollar. Crude prices are supported by heightened US-Iran tensions, which have reduced crude oil

R Rich Asplund
Daniel White on 07/16/2026

Energy Update - Morning Express - Blue Line Futures

The war with Iran is escalating this morning as the IRGC instructed the Houthi's in Yemen to close the Bab el-Mandeb gateway to the Red Sea if the US strikes Iran's power network. The Bab el-Mandeb gateway is another crucial chokepoint to global trade, linking the Arabian Sea to the Red Sea and onto

D Daniel White
Rich Asplund on 07/15/2026

Crude Oil Prices Move Higher on the Prospects of Tighter Global Supplies

August WTI crude oil (CLQ26 ) on Wednesday closed up +0.26 (+0.33%), and August RBOB gasoline (RBQ26 ) closed up +0.0736 (+2.28%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline up sharply at a 7-week high. Crude prices found support after the US launched airstrikes against

R Rich Asplund
Rich Asplund on 07/15/2026

Forecasts for Hot US Temps Boost Nat-Gas Prices

August Nymex natural gas (NGQ26 ) on Wednesday closed up +0.020 (+0.69%). Nat-gas prices settled higher on Wednesday as forecasts for above-average US temperatures are expected to boost nat-gas demand from electricity suppliers to power air-conditioning. The Commodity Weather Group on Wednesday sai

R Rich Asplund
Rich Asplund on 07/15/2026

Crude Oil Prices Erase Early Gains on a Bearish EIA Inventory Report

August WTI crude oil (CLQ26 ) today is down -0.54 (-0.68%), and August RBOB gasoline (RBQ26 ) is up +0.0206 (+0.64%). Crude oil and gasoline prices are mixed today. Crude prices gave up an early advance and turned lower today on a bearish weekly EIA inventory report. Crude prices initially...Stack

R Rich Asplund
Daniel White on 07/15/2026

Energy Update - Morning Express - Blue Line Futures

The war with Iran is continuing with a new wave of strikes being initiated by the US this morning. Through this week, the two sides have traded strikes with Iran again striking Gulf neighbors in retaliation. The Strait of Hormuz is reclosed again, but the US and Oman seem to have momentum in gaining

D Daniel White
Rich Asplund on 07/14/2026

Crude Oil Prices Rise as US-Iran Hostilities Continue

August WTI crude oil (CLQ26 ) on Tuesday closed up +1.20 (+1.54%), and August RBOB gasoline (RBQ26 ) closed up +0.0610 (+1.93%). Crude oil and gasoline prices added to Monday’s gains on Tuesday, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as...

R Rich Asplund
Rich Asplund on 07/14/2026

Nat-Gas Prices Consolidate Above Monday’s 2-Month Low

August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.007 (+0.24%). Nat-gas prices settled slightly higher on Tuesday as they consolidated above Monday’s 2-month low. The outlook for cooler US temperatures is weighing on prices, as the cooler weather could reduce nat-gas demand from electricity

R Rich Asplund
Rich Asplund on 07/14/2026

Crude Oil Prices Climb as US-Iran Truce Collapses

August WTI crude oil (CLQ26 ) today is up +0.81 (+1.04%), and August RBOB gasoline (RBQ26 ) is up +0.0466 (+1.47%). Crude oil and gasoline prices added to Monday’s gains today, with crude posting a 1-month high and gasoline posting a 1.5-month high. Crude prices are climbing as the truce...Oil prod

R Rich Asplund
Daniel White on 07/14/2026

Energy Update - Morning Express - Blue Line Futures

WTI Crude Oil futures rose towards the $80 level as tanker attacks accelerated as the hot war with Iran continued. Iran struck two UAE flagged tankers taking the southern route (closer to Oman).Shipping containers by SHansche via iStock

D Daniel White
Rich Asplund on 07/13/2026

Crude Oil Prices Sharply Higher on Escalation of US-Iran Hostilities

August WTI crude oil (CLQ26 ) on Monday closed up +6.73 (+9.42%), and August RBOB gasoline (RBQ26 ) closed up +0.1817 (+6.09%). Crude oil and gasoline prices surged on Monday, with crude posting a 3.5-week high and gasoline posting a 5-week high. Crude prices soared amid an escalation of US-Iran...

R Rich Asplund
Rich Asplund on 07/13/2026

Nat-Gas Prices Settle Lower on Higher US Output and Smaller Exports

August Nymex natural gas (NGQ26 ) on Monday closed down -0.043 (-1.46%). Nat-gas prices tumbled to a 2-month low on Monday and settled sharply lower. Signs of stronger US nat-gas output and smaller exports are weighing on prices. Nat-gas production in the Permian Basin rose to more than 23 bcf...N

R Rich Asplund
Gregor Horvat on 07/13/2026

Crude Oil Breaks Down From Triangle, Signaling Wave C Weakness

Crude oil has broken below its multi-month triangle, confirming the start of a higher-degree wave C decline. While a short-term rebound is possible, rallies into the 74–80 resistance zone could offer another opportunity for the broader downtrend to resume.Crude Oil pumpjack at sunset by Zbynek Buriv

G Gregor Horvat