Rich Asplund on 10/07/2026

Crude Prices Fall as EIA Cuts its Crude Demand Forecast

November WTI crude oil (CLX26 ) closed down -1.16 (-1.30%) on Wednesday, and November RBOB gasoline (RBX26 ) closed down -0.0390 (-1.19%). Crude oil and gasoline prices erased an early rally on Wednesday and settled lower on signs of weakening global energy demand after the EIA cut its 2026 global..

R Rich Asplund
Rich Asplund on 10/07/2026

Cooler US Weather and Expectations of Shrinking Storage Lift Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Wednesday closed up +0.089 (+2.86%). Nat-gas prices extended this week’s rally on Wednesday, posting a 1.5-week high and settling sharply higher. Forecasts for cooler US weather that will boost heating demand for nat-gas boosted prices on Wednesday. The Commod

R Rich Asplund
Michael O'Donnell on 10/07/2026

Energies Mixed Betwixt EIA and FOMC Minutes

As of Thursday morning, 7 October 2026, Energies markets are pricing the morning’s EIA report ahead of FOMC minutes report due out at 1 PM Central Time. The morning’s EIA report showed a draw of 3.2 million barrels, which is one factor in the front month CLX26 Crude Oil WTI...Offshore drilling rig

M Michael O'Donnell
Rich Asplund on 10/07/2026

Crude Prices Supported by Middle East Supply Concerns

November WTI crude oil (CLX26 ) is up +0.20 (+0.22%) today, and November RBOB gasoline (RBX26 ) is up +0.0255 (+0.78%). Crude oil and gasoline prices are moving higher today on concerns about disruptions to crude supplies from the Middle East after Iran ramped up attacks on tankers in the...A sunset

R Rich Asplund
Darin Newsom on 10/06/2026

Corn, Soybeans, and Wheat: What Is Really Driving Grain Volatility?

In an interview on Markets Now, I break down how fund activity, USDA report discrepancies, energy policy shifts, and commercial demand are driving recent two-way volatility across the grain, energy, and livestock markets.Corn, wheat & soybeans by Jim Barber via Shutterstock

D Darin Newsom
Rich Asplund on 10/06/2026

Crude Prices Rebound as Iran Ramps Up Ship Attacks in Hormuz

November WTI crude oil (CLX26 ) closed up +0.01 (+0.01%) on Tuesday, and November RBOB gasoline (RBX26 ) closed up +0.0270 (+0.83%). Crude oil and gasoline prices erased early losses on Tuesday and settled higher as short covering emerged on reports that Iran has ramped up attacks on tankers in...St

R Rich Asplund
Rich Asplund on 10/06/2026

Nat-Gas Prices Settle Higher as European Gas Prices Jump

November Nymex natural gas (NGX26 ) on Tuesday closed up +0.048 (+1.57%). Nat-gas prices settled higher on Tuesday, supported by carryover from a rally in European gas prices to a 2-week high. European nat-gas storage levels are only 73% full, which may push European countries to ramp up US gas...T

R Rich Asplund
Rich Asplund on 10/06/2026

Crude Prices Pressured as More Oil Supplies Leave the Middle East

November WTI crude oil (CLX26 ) is down -1.27 (-1.42%) today, and November RBOB gasoline (RBX26 ) is down -0.0443 (-1.36%). Crude oil and gasoline prices are falling today, with crude oil dropping to a 1-month low. Signs that more crude supplies are leaving the Middle East are easing global...Oil t

R Rich Asplund
Rich Asplund on 10/05/2026

Crude Oil Prices Fall on Dollar Strength and Saudi Price Cuts

November WTI crude oil (CLX26 ) closed down -1.68 (-1.84%) on Monday, and November RBOB gasoline (RBX26 ) closed down -0.0662 (-2.00%). Crude oil and gasoline prices settled lower on Monday after the dollar index ($DXY ) rallied to a 1.5-year high. Crude prices also fell after Saudi Arabia cut...2

R Rich Asplund
Rich Asplund on 10/05/2026

Nat-Gas Prices Climb on Cooler US Weather Forecasts

November Nymex natural gas (NGX26 ) on Monday closed up +0.031 (+1.02%). Nat-gas prices settled higher on Monday as forecasts for cooler US weather later this month could boost heating demand for nat-gas. The Commodity Weather Group said Monday that forecasts shifted cooler across the northern and

R Rich Asplund
Rich Asplund on 10/05/2026

Crude Oil Prices Weaken on Dollar Strength and Saudi Price Cuts

November WTI crude oil (CLX26 ) is down -0.09 (-0.10%) today, and November RBOB gasoline (RBX26 ) is down -0.0367 (-1.11%). Crude oil and gasoline prices are moving lower today, with the dollar index ($DXY ) climbing to a 1.5-year high. Crude prices also fell after Saudi Arabia cut the...Petroleum

R Rich Asplund
Don Dawson on 10/05/2026

What Record Diesel and Heating Oil Prices May Be Telling Other Markets

Heating oil isn't just about heating homes. It's also a diesel story. A 42-gallon barrel of crude produces only about 11–13 gallons of distillate fuel. Now add tight inventories, global supply concerns—and a 15-year seasonal pattern turning bearish. History says one thing, today's market says anot

D Don Dawson
Darin Newsom on 10/05/2026

What Should We Read Into Monday Morning's Markets?

A look across the commodity complex and nothing jumped out at me. However, there was a headline below the fold on the financial news front page...Commodities on laptop keyboard by Maxx-Studio via Shutterstock

D Darin Newsom
Sristi Suman Jayaswal on 10/04/2026

How to Play DJT Stock as Trump Media Finally Files for TAE Merger

Trump Media’s shares have lost plenty of altitude, but with the TAE merger moving ahead, could it put some spark back into this headline-loving stock?An image of Donald Trump standing in front of a podium_ Image by Anna Moneymaker via Shutterstock

S Sristi Suman Jayaswal
Rich Asplund on 10/02/2026

Crude Oil Prices Pressured as G7 Nations Release Strategic Reserves

November WTI crude oil (CLX26 ) closed down -1.76 (-1.90%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.0902 (-2.65%). Crude oil and gasoline prices settled sharply lower on Friday after the G7 announced it will release up to 100 million bbl of crude oil and diesel supplies...Oil pi

R Rich Asplund