Rich Asplund on 11/05/2026

Crude Oil Prices Settle Higher as Distillate Supplies Remain Tight

December WTI crude oil (CLZ26 ) closed up +2.40 (+2.72%) on Thursday, and December RBOB gasoline (RBZ26 ) closed up +0.0348 (+1.28%). Crude oil and gasoline prices recovered from overnight losses on Thursday and settled sharply higher today as short covering emerged after fresh attacks by Ukraine on

R Rich Asplund
Rich Asplund on 11/05/2026

Above-Average Inventories Knock Nat-Gas Prices Lower

December Nymex natural gas (NGZ26 ) closed down -0.012 (-0.41%) on Thursday. Dec nat-gas prices settled lower on Thursday after weekly storage rose more than average. The EIA reported that nat-gas inventories rose +77 bcf in the week ended October 30, well above the five-year average for the week o

R Rich Asplund
Rich Asplund on 11/05/2026

Crude Oil Prices Rebound as Ukraine Attacks Russian Refineries

December WTI crude oil (CLZ26 ) is up +1.98 (+2.25%) today, and December RBOB gasoline (RBZ26 ) is up +0.0181 (+0.66%). Crude oil and gasoline prices recovered from overnight losses and are moving higher today as short covering emerged after fresh attacks by Ukraine on Russian oil refiners, which co

R Rich Asplund
Phillip Streible on 11/05/2026

Crude Tests the October Base After an 8% Drop as Nat Gas Faces a Storage Test

December WTI fell 8.3% Wednesday and is testing the top of the early-October base near $88.90. December nat gas bounced off its $2.84 contract low and faces the EIA storage report this morning, with a 78 bcf build expected. Key levels and bias for both markets are inside.Floating oil rig in ocean by

P Phillip Streible
Rich Asplund on 11/04/2026

Crude Oil Prices Plummet in Hopes of a Quick End to Iran War

December WTI crude oil (CLZ26 ) closed down -7.97 (-8.29%) on Wednesday, and December RBOB gasoline (RBZ26 ) closed down -0.2069 (-7.05%). Crude oil and gasoline prices plummeted on Wednesday, with Dec WTI crude oil falling to a 4-week low and gasoline dropping to a 7.75-month low. Crude prices ope

R Rich Asplund
Rich Asplund on 11/04/2026

Cooler US Weather Forecasts Lift Nat-Gas Prices

December Nymex natural gas (NGZ26 ) closed up +0.064 (+2.21%) on Wednesday. Dec nat-gas prices settled higher on Wednesday as forecasts for cooler US autumn temperatures could potentially boost heating demand for nat-gas. The Commodity Weather Group said Wednesday that forecasts shifted cooler acro

R Rich Asplund
Jim Van Meerten on 11/04/2026

Don’t Get Caught in a Gas Bubble, But Cheniere Energy Stock Is Hot

Cheniere Energy (LNG) demonstrates strong price momentum, hitting an all-time high in October. Shares are up more than 40% over the past 52 weeks. LNG maintains a 100% technical “Buy” rating from Barchart. Wall Street sentiment is optimistic, with most analysts rating LNG a “Strong Buy.” Today’s Fe

J Jim Van Meerten
Rich Asplund on 11/04/2026

Crude Oil Prices Slump as President Trump Downplays Escalation of US-Iran War

December WTI crude oil (CLZ26 ) is down -3.99 (-4.15%) today, and December RBOB gasoline (RBZ26 ) is down -0.1023 (-3.48%). Crude oil and gasoline prices are sharply lower today, with Dec WTI crude oil falling to a 3-week low and gasoline dropping to a 3-month low. Comments today from...2 pumpjacks

R Rich Asplund
Phillip Streible on 11/04/2026

Crude Slips Back Below Its 20 Day as Nat Gas Sets a New Low and Bounces

Crude is sliding again, with December WTI back under its 20 day at $97.45 as physical supply loosens. December nat gas hit a new contract low at $2.84 before recovering to flat, with positioning still at a record short. Key levels and bias for both markets are inside.The index of oil up by Pashalgna

P Phillip Streible
Rich Asplund on 11/03/2026

US-Iran Diplomacy Hopes Weigh on Crude Oil Prices

December WTI crude oil (CLZ26 ) closed down -0.37 (-0.38%) on Tuesday, and December RBOB gasoline (RBZ26 ) closed up +0.0354 (+1.22%). Crude oil and gasoline prices settled mixed on Tuesday, with Dec WTI crude oil falling to a 2-week low. Crude prices gave up an overnight advance and turned...Satell

R Rich Asplund
Rich Asplund on 11/03/2026

Nat-Gas Prices Edge Higher as US Producers Reduce Output

December Nymex natural gas (NGZ26 ) closed up +0.039 (+1.37%) on Tuesday. Dec nat-gas prices edged higher on Tuesday as US producers reduced output in response to low prices, potentially limiting the buildup of storage ahead of the winter heating season, a sign of strong nat-gas demand. According t

R Rich Asplund
Jim Van Meerten on 11/03/2026

If You Ride the TotalEnergies Stock Merry-Go-Round, Make Sure You Have an Exit Plan

TotalEnergies (TTE) is a top global integrated oil and gas company with strong technical and fundamental momentum. Shares are trading at a new all-time high and maintain a 100% “Buy” technical opinion. TTE is up more than 50% over the past year. I recommend a disciplined stop-loss approach, as conti

J Jim Van Meerten