Rich Asplund on 07/01/2026

Crude Prices Slide as Geopolitical Risks Ease

August WTI crude oil (CLQ26 ) on Wednesday closed down -0.92 (-1.32%), and August RBOB gasoline (RBQ26 ) closed up +0.0503 (+1.74%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 4.25-month low and gasoline rising to a 1-week high. Crude prices were under pressur

R Rich Asplund
Rich Asplund on 07/01/2026

Nat-Gas Prices Fall on Expectations of a Large Weekly Storage Build

August Nymex natural gas (NGQ26 ) on Wednesday closed down -0.055 (-1.68%). Nat-gas prices fell on Wednesday amid expectations of a larger-than-average build in weekly storage levels. The consensus is that Thursday’s weekly EIA nat-gas inventories will climb by +83 bcf in the week ended June 26, we

R Rich Asplund
Daniel White on 07/01/2026

Energy Update - Morning Express - Blue Line Futures

***Abbreviated reports until Wednesday July 8th - Wednesday report scheduled for late afternoon - other reports to follow the regular schedule. Update: (abbreviated report) Key Headlines: China Returns Saudi Arabia made a rare spot market sale - filling 3 super-tankers (6mln bbls) bound for K

D Daniel White
Rich Asplund on 07/01/2026

Crude Prices Retreat on Progress in US-Iran Peace Talks

August WTI crude oil (CLQ26 ) today is down -1.26 (-1.81%), and August RBOB gasoline (RBQ26 ) is up +0.0335 (+1.16%). Crude oil and gasoline prices are mixed today, with crude falling to a 4.25-month low and gasoline rising to a 1-week high. Crude prices are under pressure today amid...Oil producti

R Rich Asplund
Andrew Hecht on 07/01/2026

June’s Top Commodity Performers and Underperformers

Commodity prices declined in June as the dollar index rallied and interest rates remained elevated. Precious metals and energy commodities posted the most substantial declines in the month that ended on June 30.Bull vs bear fork in the road by Lightspring via Shutterstock

A Andrew Hecht
Rich Asplund on 06/30/2026

Crude Prices Fall as Global Oil Supply Risks Ease

August WTI crude oil (CLQ26 ) on Tuesday closed down -1.25 (-1.77%), and August RBOB gasoline (RBQ26 ) closed down -0.0063 (-0.22%). Crude oil and gasoline prices retreated on Tuesday, with crude settling sharply lower. Crude oil prices gave up an early advance and turned lower on Tuesday amid sign

R Rich Asplund
Rich Asplund on 06/30/2026

Nat-Gas Prices Rebound on Hot US Temps and Strong LNG Exports

August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.094 (+2.96%). Nat-gas prices recovered from a 1.5-week low on Tuesday and settled sharply higher. Above-normal US temperatures and increased US LNG exports pushed nat-gas prices higher on Tuesday. The Commodity Weather Group on Tuesday said

R Rich Asplund
Andrew Hecht on 06/30/2026

How Low Can Crude Oil Go?

News of a deal to end hostilities between the U.S. and Iran has sent crude oil prices to the lowest level since March 2026. If the Strait of Hormuz opens to traffic and attacks cease, crude oil prices could head for the late 2025 low or lower. However, if hostilities break out again, higher oil pric

A Andrew Hecht
Daniel White on 06/30/2026

Energy Update - Morning Express - Blue Line Futures

Crude is up today as Iran and the US's scheduled diplomatic meeting in Qatar is in question. While the US has been public about the planned meet, Iran has stated that no talks are scheduled. Despite the "MOU", both sides have traded attacks, with Iran claiming sovereignty over the strait and attacki

D Daniel White
Rich Asplund on 06/30/2026

Crude Prices Slip as Global Oil Supply Risks Recede

August WTI crude oil (CLQ26 ) today is down -0.59 (-0.83%), and August RBOB gasoline (RBQ26 ) is up +0.0078 (+0.27%). Crude oil and gasoline prices are trading mixed today. Crude oil prices gave up an early advance and turned lower today amid signs that more crude is flowing through...Aerial view o

R Rich Asplund
Rich Asplund on 06/29/2026

Reduced Tanker Flows Through Strait of Hormuz Boosts Crude Prices

August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the...A s

R Rich Asplund
Rich Asplund on 06/29/2026

Stronger US Production Knocks Nat-Gas Prices Lower

August Nymex natural gas (NGQ26 ) on Monday closed down -0.098 (-2.99%). Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up US nat-gas production is weighing on prices after output in the lower-48 US states rose to nearly 114 bcf/day on Sunday, the most in...Jack up

R Rich Asplund
Daniel White on 06/29/2026

Energy Update - Morning Express - Blue Line Futures

Crude is up as Iran and the US traded strikes over the weekend. Iran has struck tankers crossing the strait and the US has retaliated as the "cease-fire" remains in place. On Sunday, both sides agreed to cease strikes and a talk is set for Doha tomorrow. The market's reaction to how flimsy this ceas

D Daniel White
Neha Panjwani on 06/29/2026

Halliburton's Q2 2026 Earnings: What to Expect

Halliburton will release its second-quarter earnings next month, and analysts anticipate a low single-digit profit dip.Gas industry transport system by Sergey via Adobe Stock

N Neha Panjwani