Historical seasonality is only part of the equation. In Part 5 of the Building Better Commodity Spreads series, we explore how forward-curve analysis helps determine whether today's market supports a historical opportunity. By combining historical performance with current market structure, traders c
September Nymex natural gas (NGU26 ) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather in the final weeks of August, which would boost nat-gas demand from utilities to meet increased air-conditioning demand. Commodity Weather Group is
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%). Crude oil saw support Friday after reports that Iran on Thursday night attacked two Abu Dhabi oil vessels transiting the Strait of Hormuz. Those attacks suggested that
One of the Fed’s policy hawks explains why traders shouldn’t get too excited about this week’s favorable economic data.Federal Reserve Building 2 by Jeremy Edwards via iStock
September WTI crude oil (CLU26) is up +0.63 (+0.78%), and September RBOB gasoline (RBU26) is up +0.0316 (+1.01%). Crude oil saw some support overnight after reports that two Abu Dhabi oil vessels were attacked by Iran on Thursday night while moving through the Strait of Hormuz. However, oil prices a
In August 2026, the U.S. natural gas futures market will begin to shift its attention from the 2026 cooling season to the 2026/2027 peak heating season, where natural gas demand and prices tend to reach seasonal highs.Natural gas close up burner by Freer Law via iStock
Crude is trending higher on a run of bullish headlines. Two Abu Dhabi National Oil Co. vessels, among the few still successfully moving oil through the Strait of Hormuz, were attacked late Thursday. The White House added to the pressure by saying its naval blockade on Iran could stay in place indefi
Phillips 66 has notably outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.Phillips 66 Company Retail Location_ By jetcityimage
This company is betting that a Columbia University chemistry breakthrough can extract hydrogen from ultramafic rock in real time, at a fraction of the cost of oil, gas, or green hydrogen, while pursuing a parallel magnesium production plan CEO Brad Kitchen values at roughly $95 million a year. Both
September Nymex natural gas (NGU26 ) on Thursday closed down -0.077 (-2.75%). Nat-gas prices closed lower on Thursday due to a +36 bcf rise in nat-gas inventories in the weekly EIA report, larger than market expectations of +31 bcf. However, nat-gas prices remained underpinned by warm forecasts, wh
September WTI crude oil (CLU26) on Thursday closed down -2.02 (-2.43%), and September RBOB gasoline (RBU26) closed down -0.0257 (-0.81%). Crude oil and gasoline prices fell on Thursday, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about th
September WTI crude oil (CLU26) is down -0.83 (-1.00%), and September RBOB gasoline (RBU26) is down -0.0026 (-0.08%). Crude oil and gasoline prices are trading lower, with no overnight reports of new military attacks by the US or Iran in the Persian Gulf. Market concerns about the Middle East were.
Crude fell yesterday as Trump's rhetoric on the Strait of Hormuz swung from bullish to bearish within a single tweet, first claiming the US had total control over the waterway, then pivoting to economic pressure as the main tool against Iran. The bigger story was J.D. Vance asking Ukraine to halt st
September Nymex natural gas (NGU26 ) on Wednesday closed up +0.037 (+1.34%). Nat-gas prices closed higher on Wednesday as forecasts remain warm. Vaisala forecasts continued hotter-than-average temperatures for the Midwest and South for Aug 17-21, and above-normal temperatures for the West for Aug 2
September WTI crude oil (CLU26) on Wednesday closed up +0.07 (+0.08%), and September RBOB gasoline (RBU26) closed up +0.0171 (+0.55%). Crude oil and gasoline prices closed higher on Wednesday as the International Energy Agency (IEA) said in its monthly report that the global oil supply deficit will
Plug Power beat second-quarter estimates with revenue of $178.3 million and raised its 2026 revenue growth outlook 15% to 16%, as gross margin approached break-even and cash burn improved.Businessman pointing arrow graph corporate future growth by Marchmeena29 via iStock
This energy narrative isn’t going away anytime soon, and US refiners are taking advantage while the margins are fat.2 pumpjacks at sunset by vadimrysev via iStock
Electricity bills are rising, but how much of the AI-fueled demand surge for power is real? As it turns out, we don't really know.Power pylons in blue sky by zhu difeng via Adobe Stock
September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%). Crude oil and gasoline prices are trading lower today on the surge in US oil inventories seen in the weekly EIA inventory report. Oil prices found support today after the Internatio
Crude drifted higher on light news flow, with a weaker dollar and a fresh IEA report showing global oil stocks falling at twice the previously expected pace doing most of the work. There's also an unconfirmed rumor that Iran attempted to fire a surface to air missile at Trump while he was in Turkey,
