Rich Asplund on 08/07/2026

Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices

September WTI crude oil (CLU26 ) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26 ) closed up +0.0468 (+1.59%). Crude oil and gasoline prices settled higher on Friday, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan...O

R Rich Asplund
Rich Asplund on 08/07/2026

Nat-Gas Prices Supported by Stronger US LNG Exports

September Nymex natural gas (NGU26 ) closed up +0.022 (+0.83%) on Friday. Nat-gas prices settled higher on Friday as stronger US nat-gas exports draw domestic supplies down. Estimated LNG net flows to US LNG export terminals on Friday were 18.6 bcf/day, the most in 4 weeks. Forecasts for warmer US..

R Rich Asplund
Darren Carlat on 08/07/2026

Trading Energy When Headlines Drive the Market

Geopolitical headlines are creating sharp swings across energy markets. Rather than trying to predict the next move, I'm using a mix of long, short, and relatively direction-neutral commodity spreads to manage risk across the portfolio.2 pumpjacks at sunset by vadimrysev via iStock

D Darren Carlat
Rich Asplund on 08/07/2026

Crude Prices Gain as Talks Continue to Reopen the Strait of Hormuz

September WTI crude oil (CLU26 ) is up +0.76 (+0.98%) today, and September RBOB gasoline (RBU26 ) is up +0.0542 (+1.84%). Crude oil and gasoline prices are moving higher today, supported by a decline in the dollar ($DXY ) to a 7-week low. Also, uncertainty regarding a proposed plan by...Strait of H

R Rich Asplund
Andrew Hecht on 08/07/2026

Are Heating Oil and Distillates Heading for Even Higher Highs?

Brent North Sea crude oil is the benchmark for Middle Eastern petroleum. Brent is most suited for refining into medium distillates, including heating oil, jet fuel, and diesel fuel. Heating oil futures are a proxy for the other medium distillates.Stacked oil barrels by JONGHO SHIN via iStock

A Andrew Hecht
Daniel White on 08/07/2026

Crude Jumps After Deadly Houthi Strike Rattles Markets

Crude rallied hard yesterday after Iranian-backed Houthi rebels killed 30 Yemeni troops and wounded 50 more, an attack markets read as a sign the loosely held ceasefire could be unraveling. Saudi Arabia set cash prices to Asia lower in an apparent move to keep refinery relationships steady through t

D Daniel White
EdgeClear on 08/07/2026

Crude Oil at a Crossroads: Hormuz Diplomacy Puts the Bulls to the Test

Crude oil has spent 2026 lurching between war fear and peace hope, and that pattern is still setting the tone today. WTI has retraced sharply from its post war highs near 93 and is now hovering around the midpoint of a wide multi month range, with 80 acting as the pivot between a bullish push back t

E EdgeClear
Rich Asplund on 08/06/2026

Nat-Gas Prices Tumble on a Larger-Than-Expected Storage Build

September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and settled lower on a larger-than-expected storage build. The EIA reported that nat-gas inventories rose by +33 bcf in the week ended July 31, above

R Rich Asplund
Andrew Hecht on 08/06/2026

Will Gasoline Experience Seasonal Weakness over the Coming Months?

Gasoline is a seasonal fuel, with demand rising during spring and summer and falling during fall and winter. Drivers put more miles on cars during summer, and adverse weather conditions tend to curtail driving during winter. In August 2026, the gasoline futures market is shifting toward a lower dema

A Andrew Hecht
MoneyShow on 08/06/2026

MoneyMasters Podcast: Anas Alhajji on Hormuz Risks, LNG, and SPR Myths

Anas Alhajji of Energy Outlook Advisors talks about major energy-market drivers – including tensions tied to the Middle East conflict and Bab el-Mandeb.Satellite view of the Middle East and the Strait of Hormuz with Iran highlighted_ Image by FoxPictures via Shutterstock_

M MoneyShow
Rich Asplund on 08/06/2026

Crude Oil Prices Jump on Uncertainty Over Middle East Supplies

September WTI crude oil (CLU26 ) is up +1.83 (+2.43%) today, and September RBOB gasoline (RBU26 ) is up +0.0777 (+2.74%). Crude oil and gasoline prices are climbing today on uncertainty regarding a proposed plan by Iran and Oman to reopen the Strait of Hormuz. Also, a reported missile attack...Oil

R Rich Asplund
Rich Asplund on 08/05/2026

Progress Toward Reopening the Strait of Hormuz Weighs on Oil Prices

September WTI crude oil (CLU26 ) closed down -0.55 (-0.73%) on Wednesday, and September RBOB gasoline (RBU26 ) closed down -0.0134 (-0.47%). Crude oil and gasoline prices added to this week's sharp losses on Wednesday, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-

R Rich Asplund
Rich Asplund on 08/05/2026

Nat-Gas Prices Edge Higher on Warmer US Weather Forecasts

September Nymex natural gas (NGU26 ) closed up +0.006 (+0.22%) on Wednesday. Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer US weather, potentially boosting nat-gas demand from electricity providers to power an expected increase in air conditioning use. The Commodity

R Rich Asplund
Rich Asplund on 08/05/2026

Crude Prices Pressured by Growing Optimism the Strait of Hormuz to Soon Reopen

September WTI crude oil (CLU26 ) is down -0.61 (-0.81%) today, and September RBOB gasoline (RBU26 ) is up +0.0130 (+0.46%). Crude oil and gasoline prices added to this week's sharp losses today, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures low. Growing op

R Rich Asplund