Rich Asplund on 09/30/2026

Shrinking Gasoline and Diesel Supplies Lifts Crude Oil Prices

November WTI crude oil (CLX26 ) closed up +1.04 (+1.16%) on Wednesday, and November RBOB gasoline (RBX26 ) closed up +0.1282 (+4.09%). Crude oil and gasoline prices rallied sharply on Wednesday after Russia extended its diesel export ban, further tightening the global market. Also, attacks on vesse

R Rich Asplund
Rich Asplund on 09/30/2026

Nat-Gas Prices Rebound on Expectations for a Smaller Weekly Build in Gas Storage

November Nymex natural gas (NGX26 ) on Wednesday closed up +0.015 (+0.50%). Nat-gas prices recovered from early losses on Wednesday and settled higher on expectations for a smaller-than-average build in weekly gas storage. The consensus is that Thursday’s weekly EIA nat-gas inventories rose +63 bcf

R Rich Asplund
Rich Asplund on 09/30/2026

Crude Prices Jump as Global Diesel and Gasoline Supplies Shrink

November WTI crude oil (CLX26 ) is up +2.41 (+2.70%) today, and November RBOB gasoline (RBX26 ) is up +0.1321 (+4.22%). Crude oil and gasoline prices are moving sharply higher today after Russia extended its diesel export ban, further tightening the global market. Also, attacks on vessels transitin

R Rich Asplund
TradingView on 09/30/2026

Trump needs a TACO?

The US midterms are getting closer, and polls are now turning against Republicans. To shift sentiment, they’ll need real wins, not just on paper.An image of Donald Trump pointing to the crowd in front of an American flag background_ Image by Jonah Elkowitz via Shutterstock_

T TradingView
Rich Asplund on 09/29/2026

Crude Prices Sink as More Oil Supplies Exit Hormuz

November WTI crude oil (CLX26 ) closed down -3.22 (-3.48%) on Tuesday, and November RBOB gasoline (RBX26 ) closed down -0.0255 (-0.81%). Crude oil and gasoline prices retreated on Tuesday, with gasoline falling to a 2.5-week low. Crude prices sank Tuesday on signs that a steady flow of crude oil..

R Rich Asplund
Rich Asplund on 09/29/2026

Nat-Gas Prices Tumble as Output Recovers

November Nymex natural gas (NGX26 ) on Tuesday closed down -0.095 (-3.06%). Nat-gas prices settled sharply lower on Tuesday for a second day after gas production returned to near normal after repairs were made to a ruptured gas pipeline in West Virginia, easing supply fears. TC Energy on Sunday no

R Rich Asplund
Andrew Hecht on 09/29/2026

Natural Gas Moves Toward its Peak Season with LNG Demand Rising

The natural gas injection season will end in mid-to-late November, and U.S. inventories will begin to decline as heating demand increases. The withdrawal season will run through March. Natural gas prices tend to peak as the winter approaches, and a harsh winter can send heating demand and prices hig

A Andrew Hecht
Rich Asplund on 09/29/2026

Crude Prices Pressured as More Oil Flows Through the Strait of Hormuz

November WTI crude oil (CLX26 ) is down -0.98 (-1.06%) today, and November RBOB gasoline (RBX26 ) is down -0.0137 (-0.43%). Crude oil and gasoline prices are moving lower today on signs that a steady flow of crude oil is coming out of the Persian Gulf through the Strait of...An oil tanker out at sea

R Rich Asplund
Rich Asplund on 09/28/2026

Crude Prices Erase an Early Rally on US-Iran Diplomacy Speculation

November WTI crude oil (CLX26 ) closed up +0.19 (+0.21%) on Monday, and November RBOB gasoline (RBX26 ) closed down -0.0297 (-0.93%). Crude oil and gasoline prices gave up a sharp advance on Monday and settled mixed. Crude prices erased nearly all of an early rally on Monday after a...Oil productio

R Rich Asplund
Rich Asplund on 09/28/2026

Nat-Gas Prices Fall as Force Majeure Lifted on Appalachian Pipeline

October Nymex natural gas (NGV26 ) on Monday closed down -0.196 (-6.13%). Nat-gas prices settled sharply lower on Monday after a force majeure was lifted on a gas pipeline in West Virginia, reducing fears of a prolonged outage. TC Energy on Sunday notified customers that the force majeure on the..

R Rich Asplund
Rich Asplund on 09/28/2026

Crude Prices Jump as Hopes Fade for an Imminent End to US-Iran War

November WTI crude oil (CLX26 ) is up +2.85 (+3.07%) today, and November RBOB gasoline (RBX26 ) is up +0.0256 (+0.80%). Crude oil and gasoline prices are sharply higher today as hopes faded for an imminent breakthrough to end the war in Iran and reopen the Strait of Hormuz after...Satellite view of

R Rich Asplund
EdgeClear on 09/28/2026

Crude Oil at a Crossroads: Will Hormuz Diplomacy Break the $95 Ceiling?

Crude oil (CL) has spent September wrestling with a tug of war between an unresolved Iran war and fading momentum from its summer rally. WTI slipped to $92.44 on September 25, down 2.29% on the day but still up over 12% for the month, as reports of a possible phased US Iran deal to reopen the Strait

E EdgeClear
Rich Asplund on 09/25/2026

Crude Prices Fall Sharply in Hopes of a Deal to Reopen Hormuz

November WTI crude oil (CLX26 ) closed down -2.20 (-2.33%) on Friday, and November RBOB gasoline (RBX26 ) closed down -0.1455 (-4.37%). Crude oil and gasoline prices sold off on Friday in hopes that negotiations between the US and Iran will lead to a deal to reopen the Strait of...A sunset over a fu

R Rich Asplund
Rich Asplund on 09/25/2026

Nat-Gas Prices Decline on Hopes Appalachia Pipeline to Be Repaired

October Nymex natural gas (NGV26 ) on Friday closed down -0.101 (-3.06%). Nat-gas prices retreated Friday after Columbia Gas Transmission said it found the leak in a West Virginia pipeline that prompted a force majeure and expected to fix it over the weekend, easing concerns about an extended outage

R Rich Asplund