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
Gregor Horvat on 06/01/2026

Crude Oil Rebounds From Key Support as Gap Fill Comes Into Focus

So far we are also seeing what could be a move out of an ending diagonal, which makes me think that there is a chance the market could attack higher prices again this week with a very important resistance zone around 97 up to 100.40, where we still have that major unfilled gap from last week. As we

G Gregor Horvat
Rich Asplund on 05/29/2026

US-Iran Peace Hopes Weigh on Crude Oil Prices

July WTI crude oil (CLN26 ) on Friday closed down -1.54 (-1.73%), and July RBOB gasoline (RBN26 ) closed down -0.0665 (-2.14%). Crude oil and gasoline prices retreated on Friday, with crude oil falling to a 5-week low. Crude prices are under pressure after the US and Iran tentatively agreed...Oil

R Rich Asplund
Rich Asplund on 05/29/2026

Forecasts for Above-Average US Temps Boost Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Friday closed up +0.005 (+0.15%). Nat-gas prices climbed to a 2.5-month nearest-futures high on Friday and settled slightly higher on the outlook for above-normal US temperatures next month, potentially boosting nat-gas demand from electricity providers to power in

R Rich Asplund
Rich Asplund on 05/29/2026

Crude Oil Prices Tumble on Hope for an End to the US-Iran War

July WTI crude oil (CLN26 ) today is down -1.85 (-2.08%), and July RBOB gasoline (RBN26 ) is down -0.0692 (-2.23%). Crude oil and gasoline prices are sliding today, with crude oil falling to a 5-week low. Crude prices are under pressure after the US and Iran tentatively agreed to...Offshore oil pl

R Rich Asplund
Rich Asplund on 05/28/2026

Crude Oil Prices Rise as US-Iran Peace Deal Not Yet Realized

July WTI crude oil (CLN26 ) on Thursday closed up +0.22 (+0.25%), and July RBOB gasoline (RBN26 ) closed up +0.0339 (+1.11%). Crude oil and gasoline prices recovered from early losses on Thursday and settled higher after US forces struck Iranian military targets for the second time this week and...

R Rich Asplund
Rich Asplund on 05/28/2026

Nat-Gas Prices Surge as Storage Tightens and US Weather Turns Hotter

July Nymex natural gas (NGN26 ) on Thursday closed up +0.190 (+6.14%). Nat-gas prices rallied to a 2.5-month nearest-futures high on Thursday and settled sharply higher on a smaller-than-expected weekly storage increase. EIA nat-gas inventories rose +92 bcf in the week ended May 22, below expectati

R Rich Asplund
Rich Asplund on 05/28/2026

Crude Oil Prices Supported as Strait of Hormuz Remains Closed

July WTI crude oil (CLN26 ) today is up +0.37 (+0.42%), and July RBOB gasoline (RBN26 ) is up +0.0168 (+0.55%). Crude oil and gasoline prices recovered from early losses and moved higher today after US forces struck Iranian military targets for the second time this week and Kuwait said...Oil produc

R Rich Asplund
Rich Asplund on 05/27/2026

Crude Oil Prices Sink as Hormuz-Reopening Talks Continue

July WTI crude oil (CLN26 ) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26 ) closed down -0.0798 (-2.54%). Crude oil and gasoline prices on Wednesday fell sharply for a second day, with crude posting a 5-week low and gasoline posting a 6-week low. Crude prices are...Strait

R Rich Asplund
Rich Asplund on 05/27/2026

Nat-Gas Prices Rebound as US Weather Forecasts Warm

June Nymex natural gas (NGM26 ) on Wednesday closed up +0.146 (+5.04%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled sharply higher after updated US weather forecasts turned warmer, which sparked short covering in nat-gas futures. The Commodity Weather Group said Wednesday

R Rich Asplund
Rich Asplund on 05/27/2026

Crude Oil Prices Slide on US-Iran Peace Optimism

July WTI crude oil (CLN26 ) today is down -3.17 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.0498 (-1.58%). Crude oil and gasoline prices today extended Tuesday's sharp losses, with crude falling to a 5-week low and gasoline falling to a 6-week low. Crude prices are under pressure...Two oi

R Rich Asplund