Phillip Streible on 10/30/2026

Crude Hits a New High Into Election Weekend as Nat Gas Slips to a Fresh Contract Low

December crude hit a new high of the move at the top of its rising wedge, and the old $103.90 high is the level to watch into the weekly settle with election weekend headline risk ahead. December nat gas set a new contract low after a bigger than expected storage build, with funds holding a record s

P Phillip Streible
Rich Asplund on 10/29/2026

Nat-Gas Prices Fall on EIA Inventory Rise and Warm Weather

December Nymex natural gas (NGZ26 ) closed down -0.080 (-2.64%) on Thursday. Dec nat-gas prices closed lower Thursday on a larger-than-expected rise in weekly EIA inventories (+80 bcf vs. a consensus +72 bcf) and continued warm-weather forecasts. The Commodity Weather Group is forecasting above-aver

R Rich Asplund
Andrew Hecht on 10/29/2026

What is on the Horizon for the 2026/2027 Natural Gas Withdrawal Season?

The natural gas withdrawal season starts next month, with U.S. inventories slightly above the 5-year average, but below last year’s level. While U.S. prices remain well below $4 per MMBtu for the upcoming peak season in January 2027, European price action suggests U.S. prices could soar if the winte

A Andrew Hecht
Rich Asplund on 10/29/2026

Crude Oil Prices Fall on VP Vance Outreach to Iran

December WTI crude oil (CLZ26 ) closed down -0.78 (-0.76%) on Thursday, and December RBOB gasoline (RBZ26 ) closed down -0.0206 (-0.66%). Dec WTI crude oil prices fell on Thursday as the market assesses mediation efforts to avert a possible US military attack on Iran after this Tuesday’s US mid-term

R Rich Asplund
Rich Asplund on 10/29/2026

Crude Oil Prices Fall on Vance Outreach to Iran

December WTI crude oil (CLZ26 ) is down -2.51 (-2.44%), and December RBOB gasoline (RBZ26 ) is down -0.0794 (-2.55%). Dec WTI crude oil prices are trading lower today as the market assesses mediation efforts to avert a possible US military attack on Iran after Tuesday’s US mid-term elections. The...

R Rich Asplund
Subhasree Kar on 10/29/2026

Dear Shell Stock Fans, Mark Your Calendars for October 29

Shell’s strong refining outlook, resilient production and robust returns have set the stage for a closely watched Q3 earnings report about to be released on Oct. 29.Quarterly Report by SkazovD via Shutterstock

S Subhasree Kar
Rich Asplund on 10/28/2026

Nat-Gas Prices Move Higher on Cooler Forecasts and Restored LNG Shipments

December Nymex natural gas (NGZ26 ) on Wednesday closed up +0.028 (+0.93%). Dec nat-gas prices on Wednesday closed higher on increased LNG flows to Gulf export terminals, which reduced domestic gas inventories. LNG flows to the Freeport LNG terminal in particular have recovered to normal levels af

R Rich Asplund
Phillip Streible on 10/28/2026

Crude Defends Its Channel Edge as Nat Gas Presses Contract Lows

Crude bounced off the upper edge of its rising channel as Iran strike headlines, official inventory data, and the Fed decision all land on the same day. December nat gas is trading within a few cents of its contract low while funds roll their shorts forward. Key levels and bias for both markets are

P Phillip Streible
TradingView on 10/28/2026

Will oil hit $120 a barrel or more?

Markets fear further escalation, but its timing and impact remain unclear. Now, if nothing happens, the risk premium could disappear.Strait of Hormuz by artemegorovv via Shutterstock

T TradingView