Rich Asplund on 05/19/2026

Crude Oil Prices Slip on Diplomatic Hopes to End Iran War

June WTI crude oil (CLM26 ) on Tuesday closed down -0.89 (-0.82%), and June RBOB gasoline (RBM26 ) closed down -0.0645 (-1.72%). Crude oil and gasoline prices retreated on Tuesday after the dollar index ($DXY ) jumped to a 6-week high. Crude prices also moved lower after President Trump late...Oil

R Rich Asplund
Rich Asplund on 05/19/2026

Seasonal Maintenance Curbs US Nat-Gas Production and Boosts Prices

June Nymex natural gas (NGM26 ) on Tuesday closed up +0.090 (+2.98%). Nat-gas prices on Tuesday added to Monday's gains, posting an 8-week nearest-future high. Annual spring maintenance has curbed US nat-gas production and boosted prices. However, gains were limited as the annual maintenance has

R Rich Asplund
Andrew Hecht on 05/19/2026

What is Backwardation in the Crude Oil Futures Market Telling Us?

Crude oil remains in focus after events in the Middle East caused its price to double. Crude oil prices have declined from their recent high, but the jury is still out on whether they are heading for a new record high or will return to the 2025 levels at around $60 per barrel.Stacked oil barrels by

A Andrew Hecht
Rich Asplund on 05/19/2026

Crude Oil Prices Pressured on Hopes Diplomacy Can End US-Iran War

June WTI crude oil (CLM26 ) today is down -0.45 (-0.41%), and June RBOB gasoline (RBM26 ) is down -0.0885 (-2.35%). Crude oil and gasoline prices are under pressure today from a stronger dollar, as the dollar index ($DXY ) jumped to a 6-week high. Crude prices are also moving...Satellite view of t

R Rich Asplund
Wajeeh Khan on 05/19/2026

FuelCell Energy Leads Hydrogen Stocks Lower. Here's Why

FuelCell stock tanks as technical overbought conditions and macro headwinds trigger profit-taking across the broader hydrogen fuel sector. Find out more!Green hydrogen by Scharfsinn via Shutterstock

W Wajeeh Khan
Darin Newsom on 05/19/2026

Were You Ready for Today's TACO Tuesday?

History has taught us we should have been expecting the US president to back down his latest threat against Iran. Was Watson got off guard overnight through early Tuesday morning?Chicken outside multicolored by Christel via Pixabay

D Darin Newsom
Rich Asplund on 05/18/2026

Crude Oil Prices Finish Sharply Higher Amid Tightening Global Supplies

June WTI crude oil (CLM26 ) on Monday closed up +3.24 (+3.07%), and June RBOB gasoline (RBM26 ) closed up +0.0588 (+1.59%). Crude oil and gasoline prices rallied sharply on Monday, with crude posting a 3-week high and gasoline posting a nearly 4-year nearest-futures high. Crude prices soared on Mo

R Rich Asplund
Rich Asplund on 05/18/2026

Forecasts for Hot US Temps Push Nat-Gas Prices Higher

June Nymex natural gas (NGM26 ) on Monday closed up +0.064 (+2.16%). Nat-gas prices climbed to a 1.75-month nearest-future high on Monday and settled sharply higher. Expectations of hotter, above-normal temperatures that could boost nat-gas demand from electricity providers to power increased air-c

R Rich Asplund
Eugene Graner on 05/18/2026

Crude Oil - The Pinball Machine

What’s next for crude oil? Crude remains stuck in a tight trading range with major breakout levels at 106 and 95.50. Until one breaks, expect more choppy “pinball” trade.2 pumpjacks at sunset by vadimrysev via iStock

E Eugene Graner
Rich Asplund on 05/18/2026

Crude Oil Prices Underpinned by Lack of Progress in US-Iran Peace Negotiations

June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied to 2-week highs today as doubts about the progress of peace negotiations to end the US-Iran war keep the Strait of Hormuz closed...Satellite view of

R Rich Asplund