Rich Asplund on 04/17/2026

Crude Oil Prices Plummet as the Strait of Hormuz Reopens

May WTI crude oil (CLK26 ) on Friday closed down -10.84 (-11.45%), and May RBOB gasoline (RBK26 ) closed down -0.1589 (-5.02%). Crude oil and gasoline prices plummeted on Friday, with crude falling to a 5-week low and gasoline sliding to a 1-week low. Energy prices sank on Friday after...Oil tank

R Rich Asplund
Rich Asplund on 04/17/2026

Nat-Gas Prices Rise on Expectations of Hot US temps to Boost Air-Conditioning

May Nymex natural gas (NGK26 ) on Friday closed up +0.027 (+1.02%). Nat-gas prices settled higher on Friday amid concerns that summer-like US spring temperatures will boost nat-gas demand from energy producers to power higher air-conditioning usage. The Commodity Weather Group said Friday that abov

R Rich Asplund
Rich Asplund on 04/17/2026

Crude Oil Prices Plunge on Opening of the Strait of Hormuz

May WTI crude oil (CLK26 ) today is down -11.82 (-12.48%), and May RBOB gasoline (RBK26 ) is down -0.2138 (-6.76%). Crude oil and gasoline prices have plummeted today, with crude falling to a 5-week low and gasoline sliding to a 1-week low. Energy prices sank today after Iran said...An oil tanker

R Rich Asplund
TradingView on 04/17/2026

Is a global crisis approaching?

Negotiations between the U.S. and Iran continue, but the Strait of Hormuz remains closed, and the global economy is already feeling the impact.Oil tanker in open sea by StockStudio via Shutterstock

T TradingView
Bill Baruch on 04/17/2026

Crude Stalls as Fragile Ceasefire Headlines Clash with Reality

Update: A ceasefire deal between Israel and Lebanon was “announced” yesterday mid-morning. The headline, followed up by a tweet from President Trump, stymied the momentum we had seen in crude to start the session. Iran has made a ceasefire between Lebanon / Israel a precursor to continuing negotiati

B Bill Baruch
Neha Panjwani on 04/17/2026

APA Corporation's Q1 2026 Earnings: What to Expect

APA Corporation will release its first-quarter earnings next month, and analysts anticipate a single-digit profit dip.APA Corporation phone and website-by T_Schneider via Shutterstock

N Neha Panjwani
Darin Newsom on 04/17/2026

Why Are Fridays in the Commodity Complex Easy to Predict?

As I've said before, the job of analyzing markets has grown much easier given the repetitive cycle of market drivers.3d illustration inflation and deflation graph by Deepadesigns via Shutterstock

D Darin Newsom
Rich Asplund on 04/16/2026

Crude Oil Rallies on Concerns US-Iran War to Persist

May WTI crude oil (CLK26 ) on Thursday closed up +3.40 (+3.72%), and May RBOB gasoline (RBK26 ) closed up +0.0945 (+3.08%). Crude oil and gasoline prices rallied sharply on Thursday as the US naval blockade of the Strait of Hormuz entered its fourth day, curbing oil supplies from the...A sunset ov

R Rich Asplund
Rich Asplund on 04/16/2026

Nat-Gas Prices Rise as US Weather Forecasts Cool

May Nymex natural gas (NGK26 ) on Thursday closed up +0.037 (+1.42%). Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked short-covering in nat-gas futures. The Commodity Weather Group said that forecasts shifted cooler across the eastern two-thirds of the US through Ap

R Rich Asplund
Andrew Hecht on 04/16/2026

Should We Expect Wide Swings in the Crude Oil Futures Markets?

Markets across all asset classes have been following crude oil since late February. We witnessed an explosive rally from the late 2025 and early 2026 lows to the March 2026 high. If the current rally resembles previous price spikes, it may not be long before the leading energy commodity experiences

A Andrew Hecht
Rich Asplund on 04/16/2026

Crude Prices Climb as Global Oil Supplies Remain Disrupted

May WTI crude oil (CLK26 ) today is up +2.40 (+2.63%), and May RBOB gasoline (RBK26 ) is up +0.0655 (+2.13%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude oil and gasoline prices are moving higher today as the US naval...Oil production with I

R Rich Asplund
Rich Asplund on 04/15/2026

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude prices came under pressure on Wednesday after the AP reported that...F

R Rich Asplund
Rich Asplund on 04/15/2026

Oversold Conditions Spark Short Covering in Nat-Gas Prices

May Nymex natural gas (NGK26 ) on Wednesday closed up +0.011 (+0.42%). Nat-gas prices posted modest gains on Wednesday, as the selloff over the past month has led to oversold conditions that prompted some technical short-covering. On Tuesday, nat-gas prices sank to a 17-month low due to above-norm

R Rich Asplund