Rich Asplund on 06/16/2026

Crude Oil Prices Sink as Global Oil Supplies Look to Normalize

July WTI crude oil (CLN26 ) on Tuesday closed down -4.70 (-5.83%), and July RBOB gasoline (RBN26 ) closed down -0.0667 (-2.26%). Crude oil and gasoline prices fell sharply for the fourth consecutive session on Tuesday, with crude posting a 3.5-month low and gasoline posting a 3.25-month low. Crude

R Rich Asplund
Rich Asplund on 06/16/2026

Nat-Gas Prices Rally on Forecasts for Hotter US Weather

July Nymex natural gas (NGN26 ) on Tuesday closed up +0.092 (+2.92%). Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as US weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather

R Rich Asplund
Rich Asplund on 06/16/2026

Crude Oil Prices Tumble as End of US-Iran War Set to Boost Oil Supplies

July WTI crude oil (CLN26 ) today is down -3.76 (-4.66%), and July RBOB gasoline (RBN26 ) is down -0.0653 (-2.22%). Crude oil and gasoline prices extended Monday’s sell-off today, with crude falling to a 3.25-month low and gasoline dropping to a 2.25-month low. Crude oil prices are sinking on...Sta

R Rich Asplund
Gregor Horvat on 06/16/2026

Oil Prices Under Pressure as Iran Deal Hopes Weigh on Energy

Crude is coming down, breaking out of the range, coming out from an abcde triangle within wave B that we have been tracking for the last two to three months. We see price that it's breaking below the lower triangle line, we should watch for more weakness within a higher degree wave C that can be mad

G Gregor Horvat
Rich Asplund on 06/15/2026

Crude Oil Prices Sink on Deal to Reopen Strait of Hormuz

July WTI crude oil (CLN26 ) on Monday closed down -4.13 (-4.87%), and July RBOB gasoline (RBN26 ) closed down -0.1026 (-3.36%). Crude oil and gasoline prices sold off sharply on Monday, with crude falling to a 2-month low and gasoline dropping to a 2-month low. Crude oil plunged on...Strait of Horm

R Rich Asplund
Rich Asplund on 06/15/2026

Nat-Gas Prices Rebound as LNG Exports Expand

July Nymex natural gas (NGN26 ) on Monday closed +0.027 (+0.87%). Nat-gas prices on Monday recovered from a 2.5-week low and settled higher. Short covering emerged on Monday amid signs of a rebound in US nat-gas exports, signaling strong foreign demand that could shrink domestic supplies. Nat gas f

R Rich Asplund
Rich Asplund on 06/15/2026

Crude Oil Prices Plummet on US-Iran Peace Deal

July WTI crude oil (CLN26 ) today is down -4.35 (-5.12%), and July RBOB gasoline (RBN26 ) is down -0.0808 (-2.65%). Crude oil and gasoline prices are sinking today, with crude falling to a 2-month low and gasoline dropping to a 2-month low. Crude is plunging today after the US...Oil tanker in open

R Rich Asplund
Neha Panjwani on 06/15/2026

Is FirstEnergy Stock Underperforming the Dow?

FirstEnergy has underperformed the Dow over the past year, but analysts are cautiously optimistic about the stock’s prospects.Bull and bear balanced on pencil_Image by Jack_the_sparow via Shutterstock

N Neha Panjwani
Darren Carlat on 06/13/2026

Why Carry Matters More Than Direction for Spread Traders

Seasonality and direction often receive the most attention, but carry may be the most important factor influencing spread behavior. Learn how the forward curve creates natural tailwinds and headwinds that can dramatically impact trade outcomes.Crude Oil pumpjack at sunset by Zbynek Burival via Unspl

D Darren Carlat
Rich Asplund on 06/12/2026

Nat-Gas Prices Recover on Strong LNG Shipments

July Nymex natural gas (NGN26 ) on Friday rose +0.033 (+1.07%). Nat-gas prices on Friday rallied +1.07%, overcoming part of Thursday’s sharp sell-off of -3.08% that was sparked by news that EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf. Nat-gas price

R Rich Asplund
Rich Asplund on 06/12/2026

Crude Oil Prices Continue Sharply Lower on Iran Peace Hopes

July WTI crude oil (CLN26 ) on Friday closed down -2.82 (-3.23%), and July RBOB gasoline (RBN26 ) closed down -0.0516 (-1.66%). July WTI crude oil prices on Friday fell by -3.23%, adding to Thursday’s decline of -2.58%. Crude oil prices fell as reports circulated that an interim US-Iran peace...Oil

R Rich Asplund
Andrew Hecht on 06/12/2026

Why Have Heating Oil and Distillate Prices Been Volatile?

NYMEX heating oil futures are a proxy for jet and diesel fuels, which are middle distillate products. Since Brent crude oil has a slightly higher sulfur content than West Texas Intermediate crude oil, Brent is more appropriate for refining into middle distillate products.Stacked oil barrels by JONGH

A Andrew Hecht
Rich Asplund on 06/11/2026

Crude Oil Prices Whipsaw Sharply Lower on Iran Peace Hopes

July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline prices gave up an early advance and settled sharply lower on Thursday after President Trump said he canceled planned military strikes on Iran, sign

R Rich Asplund
Rich Asplund on 06/11/2026

Nat-Gas Prices Tumble as Weekly Inventories Surge

July Nymex natural gas (NGN26 ) on Thursday fell -0.098 (-3.08%). Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly US nat-gas supplies rose more than expected. EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf...J

R Rich Asplund