Rich Asplund on 12/24/2025

Nat-Gas Prices Fall on Warmer Eastern Forecasts

January Nymex natural gas (NGF26 ) on Wednesday fell by -0.166 (-3.77%), giving back part of Tuesday's rally of +11.17% that was sparked by cold-weather forecasts. Jan nat-gas prices on Wednesday fell as forecasts shifted a bit warmer for the East Coast on Jan 3-7, although forecasts shifted colder

R Rich Asplund
Rich Asplund on 12/24/2025

Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions

February WTI crude oil (CLG26 ) today is up +0.06 (+0.10%), and February RBOB gasoline (RBG26 ) is up +0.0055 (+0.31%). Crude oil today extended this week's rally, which has been driven by concern about oil risks related to Venezuela and Ukraine-Russia. Crude prices have carry-over support from las

R Rich Asplund
Rich Asplund on 12/23/2025

Nat-Gas Prices Soar on Incoming Cold Weather

January Nymex natural gas (NGF26) on Tuesday closed up +0.443 (+11.17%). Jan nat-gas prices on Tuesday soared on heavy short-covering pressure after the plunge seen in mid-December. Tuesday's rally was sparked by colder forecasts for the East Coast. Xweather forecasted that a storm system will bri

R Rich Asplund
Rich Asplund on 12/23/2025

Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions

February WTI crude oil (CLG26 ) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26 ) closed up +0.16 (+0.09%). Crude oil on Tuesday extended Monday's rally on concern about oil risks related to Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and th

R Rich Asplund
Andrew Hecht on 12/23/2025

Why is Crude Oil Stuck in Neutral?

Crude oil prices had gone nowhere fast and remained in a trading range around the $60 per barrel pivot point on the nearby NYMEX WTI contract. While the 2025 trend is bearish, the price only marginally eclipsed the critical technical support level at the April 2025 low in December.Stacked oil barrel

A Andrew Hecht
Rich Asplund on 12/23/2025

Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is down -0.0024 (-0.14%). Crude oil today is higher on continued concern about oil risks related to Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the slightly stronger

R Rich Asplund
Bill Baruch on 12/23/2025

Crude Firms Above Support as Geopolitical Risk Lifts Cracks and Spreads

Crude was higher yesterday on increased geopolitical risk premia as Venezuelan tankers continue to be targeted, and Russian Oil assets continue to be struck. Russian refinery runs from Dec. 11-17 were down 190k bpd WoW, largely due to outages at the major Yaroslavl refinery. Strikes at Yaroslavl hav

B Bill Baruch
Rich Asplund on 12/22/2025

Nat-Gas Prices Fall on Warmer US Weather

January Nymex natural gas (NGF26 ) on Monday closed down -0.019 (-0.48%). Jan nat-gas prices fell on Monday amid warmer US weather, which will dampen heating demand for nat gas. Commodity Weather is forecasting above-normal temperatures for much of the US, with a possibility of colder weather in th

R Rich Asplund
Rich Asplund on 12/22/2025

Crude Oil Prices Higher on Oil Tanker Disruptions

January WTI crude oil (CLF26) on Monday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0340 (+1.99%). Crude oil on Monday rallied on geopolitical risks in Venezuela and Ukraine-Russia. Other bullish factors included the weaker dollar and the stronger stock market. Crude p

R Rich Asplund
Rich Asplund on 12/22/2025

Crude Oil Prices Higher on Venezuelan and Ukraine-Russia Risks

January WTI crude oil (CLF26 ) today is up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) is up +0.0309 (+1.81%). Crude oil is higher today on continued geopolitical risks in Venezuela and Ukraine-Russia. Also, today's higher trading in the US stock market is supportive of the outlook for the..

R Rich Asplund
Bill Baruch on 12/22/2025

Geopolitical Risk Fuels Crude Rebound, but Key Resistance Comes Into Play

Crude is higher after a brutal week of price action as geopolitical risk gets priced into the futures market. The U.S. announced the intention to seize three more Venezuelan tankers while Sweden boarded Russian tankers in the Baltic. Sanctions and their enforcement have historically been battles res

B Bill Baruch
Rich Asplund on 12/19/2025

Crude Oil Prices Settle Higher on Heightened Geopolitical Risks

January WTI crude oil (CLF26 ) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26 ) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are supported amid heightened geopolitical risks in Venezuela and Russia. Also, Friday's stock rall

R Rich Asplund
Rich Asplund on 12/19/2025

Nat-Gas Prices Rebound on Technical Short Covering

January Nymex natural gas (NGF26 ) on Friday closed up by +0.076 (+1.94%). Jan nat-gas prices recovered from a 7-week low on Friday and settled sharply higher after oversold conditions sparked technical short covering in nat-gas futures. Since posting a 3-year high on December 5, nat-gas prices hav

R Rich Asplund