Rich Asplund on 06/29/2026

Reduced Tanker Flows Through Strait of Hormuz Boosts Crude Prices

August WTI crude oil (CLQ26 ) on Monday closed up +1.52 (+2.20%), and August RBOB gasoline (RBQ26 ) closed up +0.0753 (+2.66%). Crude oil and gasoline prices settled sharply higher on Monday amid escalating tensions in the Strait of Hormuz, which have slowed the flow of oil tankers through the...A s

R Rich Asplund
Rich Asplund on 06/29/2026

Stronger US Production Knocks Nat-Gas Prices Lower

August Nymex natural gas (NGQ26 ) on Monday closed down -0.098 (-2.99%). Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up US nat-gas production is weighing on prices after output in the lower-48 US states rose to nearly 114 bcf/day on Sunday, the most in...Jack up

R Rich Asplund
Daniel White on 06/29/2026

Energy Update - Morning Express - Blue Line Futures

Crude is up as Iran and the US traded strikes over the weekend. Iran has struck tankers crossing the strait and the US has retaliated as the "cease-fire" remains in place. On Sunday, both sides agreed to cease strikes and a talk is set for Doha tomorrow. The market's reaction to how flimsy this ceas

D Daniel White
Neha Panjwani on 06/29/2026

Halliburton's Q2 2026 Earnings: What to Expect

Halliburton will release its second-quarter earnings next month, and analysts anticipate a low single-digit profit dip.Gas industry transport system by Sergey via Adobe Stock

N Neha Panjwani
Darren Carlat on 06/27/2026

Beyond Carry: Why Direction Matters in Commodity Spread Trading

Carry helps identify opportunity—but it doesn't tell you which side of the trade has the historical edge. Using a database of more than 31,000 commodity spread trades, this article introduces the first of three behavioral characteristics used to evaluate spread opportunities: Direction. Real-world e

D Darren Carlat
Rich Asplund on 06/26/2026

Crude Oil Prices Fall Sharply as Global Supply Risks Ease

August WTI crude oil (CLQ26 ) on Friday closed down -2.69 (-3.74%), and August RBOB gasoline (RBQ26 ) closed down -0.0765 (-2.64%). Crude oil and gasoline prices settled sharply lower on Friday, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is...Petro

R Rich Asplund
Rich Asplund on 06/26/2026

Nat-Gas Prices Drop as July Nymex Contract Expires

July Nymex natural gas (NGN26 ) on Friday closed down -0.112 (-3.35%). Nat-gas prices retreated from a 3-month high on Friday and settled sharply lower. Long liquidation pressured prices on Friday, the last day of trading for the expiring July Nymex nat-gas contract. Nat-gas prices initially moved

R Rich Asplund
Daniel White on 06/26/2026

Energy Update - Morning Express - Blue Line Futures

Crude oil is off -1.64 despite a tanker being struck within the Strait of Hormuz. The IRGC has been angered by a joint US-Gulf statement that challenged Iran's sovereignty over the Strait and said tolls would not be charged.An oil tanker out at sea by Gerhard Traschutz via Pixabay

D Daniel White
Rich Asplund on 06/26/2026

Crude Oil Prices Sink as Supplies Out of the Persian Gulf Accelerate

August WTI crude oil (CLQ26 ) today is down -3.18 (-4.42%), and August RBOB gasoline (RBQ26 ) is down -0.1009 (-3.48%). Crude oil and gasoline prices are plunging today, with crude posting a fresh 4-month low. An acceleration of oil tankers out of the Persian Gulf is boosting global oil...Stacked o

R Rich Asplund
Rich Asplund on 06/25/2026

Crude Oil Prices Sharply Higher on Concerns of Reopening of Strait of Hormuz

August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline prices erased early losses on Thursday and rallied sharply as short covering emerged on a report that an unknown projectile off the coast of...Oil

R Rich Asplund
Rich Asplund on 06/25/2026

Hot US Weather Forecasts Lift Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Thursday closed up +0.122 (+3.79%). Nat-gas prices rallied to a 2.5-week high on Thursday and settled sharply higher on the outlook for hotter US weather, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weath

R Rich Asplund
Rich Asplund on 06/25/2026

Crude Oil Prices Rebound on Reports of a Ship Hit off the Omani Coast

August WTI crude oil (CLQ26 ) today is up +1.24 (+1.76%), and August RBOB gasoline (RBQ26 ) is up +0.0754 (+2.70%). Crude oil and gasoline prices erased early losses and turned higher today as short covering emerged on a report that an unknown projectile off the coast of Oman hit...Strait of Hormuz

R Rich Asplund
Rich Asplund on 06/24/2026

Crude Oil Prices Fall Sharply as Persian Gulf Oil Flows Accelerate

August WTI crude oil (CLQ26 ) on Wednesday closed down -2.87 (-3.92%), and August RBOB gasoline (RBQ26 ) closed down -0.0669 (-2.34%). Crude oil and gasoline prices sold off sharply on Wednesday, with crude oil posting a 3.5-month low. Wednesday’s rally in the dollar index ($DXY ) to a 13-month...O

R Rich Asplund
Rich Asplund on 06/24/2026

Nat-Gas Prices Rise on Warmer US Weather Forecasts

July Nymex natural gas (NGN26 ) on Wednesday closed up +0.074 (+2.35%). Nat-gas prices moved higher on Wednesday as US weather forecasts shifted to hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Wednesday said forecas

R Rich Asplund
Daniel White on 06/24/2026

Energy Update - Morning Express - Blue Line Futures

Crude continues to weaken as Iran and gulf neighbors, alongside the West, improve relations and take steps towards a lasting peace agreement. While this situation is still volatile - both sides have stuck to the agreement so far. There is macro and monetary flows adding to strength in the dollar whi

D Daniel White
Rich Asplund on 06/24/2026

Crude Oil Prices Sink as Global Oil Supplies Recover

August WTI crude oil (CLQ26 ) today is down -3.02 (-4.13%), and August RBOB gasoline (RBQ26 ) is down -0.0842 (-2.95%). Crude oil and gasoline prices are falling sharply today, with crude oil posting a 3.5-month low. Today’s rally in the dollar index ($DXY ) to a 13-month high is...An oil tanker out

R Rich Asplund