Rich Asplund on 10/29/2026

Crude Oil Prices Fall on Vance Outreach to Iran

December WTI crude oil (CLZ26 ) is down -2.51 (-2.44%), and December RBOB gasoline (RBZ26 ) is down -0.0794 (-2.55%). Dec WTI crude oil prices are trading lower today as the market assesses mediation efforts to avert a possible US military attack on Iran after Tuesday’s US mid-term elections. The...

R Rich Asplund
Subhasree Kar on 10/29/2026

Dear Shell Stock Fans, Mark Your Calendars for October 29

Shell’s strong refining outlook, resilient production and robust returns have set the stage for a closely watched Q3 earnings report about to be released on Oct. 29.Quarterly Report by SkazovD via Shutterstock

S Subhasree Kar
Rich Asplund on 10/28/2026

Nat-Gas Prices Move Higher on Cooler Forecasts and Restored LNG Shipments

December Nymex natural gas (NGZ26 ) on Wednesday closed up +0.028 (+0.93%). Dec nat-gas prices on Wednesday closed higher on increased LNG flows to Gulf export terminals, which reduced domestic gas inventories. LNG flows to the Freeport LNG terminal in particular have recovered to normal levels af

R Rich Asplund
Phillip Streible on 10/28/2026

Crude Defends Its Channel Edge as Nat Gas Presses Contract Lows

Crude bounced off the upper edge of its rising channel as Iran strike headlines, official inventory data, and the Fed decision all land on the same day. December nat gas is trading within a few cents of its contract low while funds roll their shorts forward. Key levels and bias for both markets are

P Phillip Streible
TradingView on 10/28/2026

Will oil hit $120 a barrel or more?

Markets fear further escalation, but its timing and impact remain unclear. Now, if nothing happens, the risk premium could disappear.Strait of Hormuz by artemegorovv via Shutterstock

T TradingView
Rich Asplund on 10/27/2026

Nat-Gas Prices Partially Recover from Monday’s 6-Month Low

November Nymex natural gas (NGX26 ) on Tuesday closed up +0.095 (+3.65%). Nov nat-gas prices on Tuesday rebounded higher from Monday’s 6-month nearest futures low. Even after Tuesday’s rebound, Nov nat-gas prices are down a net -18% since October 13 on forecasts for above-average US autumn temperat

R Rich Asplund
Rich Asplund on 10/27/2026

Crude Oil Prices Fall Back As Iran’s Supreme Leader Reiterates Deal Terms

December WTI crude oil (CLZ26 ) on Tuesday closed down -1.86 (-1.83%), and December RBOB gasoline (RBZ26 ) closed down -0.0684 (-2.18%). WTI crude oil prices fell on Tuesday after Iranian supreme leader, Mojtaba Khamenei, called for pursuing conditions that Iranian officials have set to end the war

R Rich Asplund
Phillip Streible on 10/27/2026

Crude Defends $100.60 Again Ahead of Israel’s Vote as Nat Gas Bounces Off Its Low

December crude is holding its breakout above $101.40 after buyers defended $100.60 for a second straight session, with diplomacy picking up ahead of Israel’s vote and the Fed decision. December nat gas is bouncing from Monday’s contract low of $2.93, leaving a long lower tail that shows buyers defen

P Phillip Streible
Rich Asplund on 10/27/2026

Crude Oil Prices Fall Back As Iran’s Supreme Leader Reiterates Deal Terms

December WTI crude oil (CLZ26 ) is down -1.66 (-1.63%), and December RBOB gasoline (RBZ26 ) is down -0.0443 (-1.41%). WTI crude oil prices are trading lower after Iranian supreme leader, Mojtaba Khamenei, called for pursuing conditions that Iranian officials have set with the aim of ending the war.

R Rich Asplund
Rich Asplund on 10/26/2026

Crude Oil Prices Fall Back As Iran Holds Regional Security Meeting

December WTI crude oil (CLZ26 ) on Monday closed down -1.51 (-1.46%), while December RBOB gasoline (RBZ26 ) closed up +0.0038 (+0.12%). Crude oil prices fell as top officials from Saudi Arabia, Pakistan, and Turkey met with Iranian leaders in Tehran on Monday to discuss regional security and the pos

R Rich Asplund