Rich Asplund on 10/22/2026

Crude Oil Prices Rise on Saudi Tensions

December WTI crude oil (CLZ26 ) closed up +2.32 (+2.39%) on Thursday, and December RBOB gasoline (RBZ26 ) closed up +0.0503 (+1.66%). Crude oil prices closed higher on Thursday due to tensions in Saudi Arabia, where the Houthi militia in the past two days has launched additional attacks against Saud

R Rich Asplund
Rich Asplund on 10/22/2026

Crude Oil Prices Rise on Saudi Tensions

December WTI crude oil (CLZ26 ) is up +1.22 (+1.26%), and December RBOB gasoline (RBZ26 ) is up +0.0223 (+0.73%). Crude oil prices are higher today due to tensions in Saudi Arabia, where the Houthi militia in the past two days has launched additional attacks against Saudi infrastructure targets like

R Rich Asplund
Darin Newsom on 10/22/2026

Which Sector Had the Most Energy Overnight?

The Energies sector ran away from the rest of the commodity complex overnight through early Thursday morning.Bullish - green stock market chart with arrow up day trade by Quality Stock Arts via Shutterstock

D Darin Newsom
Rich Asplund on 10/21/2026

Crude Oil Prices Rally After Close on US State Department Warning

December WTI crude oil (CLZ26 ) closed down -0.67 (-0.68%) on Wednesday, and December RBOB gasoline (RBZ26 ) closed down -0.0051 (-1.7%). Crude oil prices closed lower on Wednesday, but then rallied shortly after the close, with crude oil up by as much as +0.8% as of 3:15pm ET. Crude...Oil tanker i

R Rich Asplund
Rich Asplund on 10/21/2026

Nat-Gas Prices Fall to 5-week Low on Warm Forecasts

November Nymex natural gas (NGX26 ) on Wednesday closed down -0.173 (-5.84%). Nov nat-gas prices on Wednesday tumbled to a contract low and a 5-week nearest-futures low as technical selling accelerated with the breakout to new downside lows. Nat-gas prices have plunged this week on forecasts for abo

R Rich Asplund
Michael O'Donnell on 10/21/2026

Energy Complex Weaker Following Reports of Potential Russian Return to Talks

As of Wednesday morning, 21 October 2026, the energy complex is weaker following reports of potential Russian return to talks, even in light of inventory draws in crude and gasoline inventories, each in excess of 3 million barrels; crude 3.1 million barrel draw and gasoline 3 million barrel draw, fr

M Michael O'Donnell
Rich Asplund on 10/21/2026

Crude Oil Prices Fall As Oil Continues to Flow Through Strait of Hormuz

December WTI crude oil (CLZ26 ) is down -0.89 (-0.91%), and December RBOB gasoline (RBZ26 ) is down -0.0190 (-0.62%). Crude oil prices are trading lower as oil continues to transit the Strait of Hormuz despite stepped-up attacks by Iran. There are reports that another ship was struck near Oman,...A

R Rich Asplund
Phillip Streible on 10/21/2026

Crude Rebounds Toward $100 After Peace-Talk Reversal as Nat Gas Tests Its $2.90 Base

December crude is rebounding from Tuesday's sharp reversal, pressing the upper edge of its rising channel as Hormuz attacks escalate and an unconfirmed peace-talk report keeps prices swinging. November natural gas has fallen four straight sessions and sits a penny above the $2.90 triple bottom, a ba

P Phillip Streible
Rich Asplund on 10/20/2026

Crude Oil Prices Fall on Diplomacy Hopes to End Iran War

December WTI crude oil (CLZ26 ) closed down -0.72 (-0.73%) on Tuesday, and December RBOB gasoline (RBZ26 ) closed down -0.606 (-1.95%). Crude oil and gasoline prices erased an early rally on Tuesday and settled sharply lower, with gasoline falling to a 7-week low. Long liquidation pressures emerged

R Rich Asplund
Rich Asplund on 10/20/2026

Above-Average US Autumn Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Tuesday closed down -0.095 (-3.11%). Nat-gas prices tumbled to a 3-week nearest-futures low on Tuesday and settled sharply lower. Forecasts for above-average US autumn temperatures that could curb nat-gas heating demand are weighing on prices. The Commodity W

R Rich Asplund
Phillip Streible on 10/20/2026

Crude Trades Above $100 as Hormuz Threats Meet Returning Gulf Supply

December crude traded above $100 for the first time this morning, carried by fresh Hormuz threats even as Gulf exports recover toward prewar levels. Natural gas slipped to $3.00 on strong US production, sitting at the top of a base that has held since August.electricity power lines sunset clouds by

P Phillip Streible
Rich Asplund on 10/20/2026

Crude Oil Prices Erase an Early Rally on Unconfirmed Iran Peace Talks

November WTI crude oil (CLX26 ) is down -0.61 (-0.59%) today, and November RBOB gasoline (RBX26 ) is down -0.967 (-3.03%). Crude oil and gasoline prices erased an early rally and fell today, with gasoline down to a 7-week low, on an unconfirmed report that Qatar and Pakistan issued a...Satellite vie

R Rich Asplund