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
Gregor Horvat on 10/20/2026

Crude Oil Flashback: The $93 Trigger Is Hit, and Wave Five Is Next

Good day to everyone! Let me take you back to the crude oil chart I shared on October 8. At that time, oil was turning higher after an ending diagonal in wave C, and I said that a daily close above the base channel resistance around $93 could open the...2 pumpjacks at sunset by vadimrysev via iStock

G Gregor Horvat
Rich Asplund on 10/19/2026

Crude Oil Prices Surge on Global Supply Risks

November WTI crude oil (CLX26 ) closed up +2.25 (+2.22%) on Monday, and November RBOB gasoline (RBX26 ) closed down -0.440 (-1.36%). Crude oil and gasoline prices settled mixed on Monday, with crude oil climbing to a 5-week high. Crude prices surged Monday amid escalating hostilities in the Middle

R Rich Asplund
Rich Asplund on 10/19/2026

Nat-Gas Prices Retreat on Forecasts for Warm US Temps

Nat-gas prices gave up an early advance on Monday, fell to a 2-week low, and settled lower. The outlook for mild US autumn temperatures that could curb nat-gas heating demand is weighing on prices. The Commodity Weather Group forecasts above-normal temperatures for the eastern two-thirds of the US

R Rich Asplund
Rich Asplund on 10/19/2026

Crude Oil Prices Slip as Oil Supplies Leave the Middle East

November WTI crude oil (CLX26 ) is down -0.62 (-0.61%) today, and November RBOB gasoline (RBX26 ) is down -0.147 (-0.45%). Crude oil and gasoline prices are sliding today amid a stronger dollar and signs that crude supplies are moving out of the Middle East. Losses in crude are limited...An oil tan

R Rich Asplund
Darin Newsom on 10/19/2026

Black Monday - Plus 39 Years

October 19, 1987 remains the largest single-day percentage break in U.S. stock market history. What will today's markets do 39 years later?Newspaper open to market pages by Mike Flippo via Shutterstock

D Darin Newsom
Don Dawson on 10/18/2026

U.S. Copper Stockpiles Have Surged: Could the 2025 Price Collapse Repeat?

Copper is piling up in U.S. warehouses. The last time tariff expectations shook the copper market, futures plunged 22% in a hurry. Could history repeat itself, or is this time different? My latest @Barchart article explores what's behind the copper buildup.Copper pipes by Dijana via Pixabay

D Don Dawson
Darin Newsom on 10/16/2026

What Were Markets Telling Us at Friday's Close?

With markets coming to an end for the week we finally have the only prices that matter.A concept image of a lit bomb by Leigh Prather via Shutterstock

D Darin Newsom
Rich Asplund on 10/16/2026

Crude Oil Prices Surge as Global Supply Risks Multiply

November WTI crude oil (CLX26 ) closed up +3.44 (+3.51%) on Friday, and November RBOB gasoline (RBX26 ) closed up +0.552 (+1.74%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 1-month high. Crude prices rose Friday amid a weaker dollar and concerns that escalating h

R Rich Asplund
Rich Asplund on 10/16/2026

Warm US Autumn Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Friday closed down -0.120 (-3.71%). Nat-gas prices retreated on Friday and fell to a 1.5-week low. Nat-gas prices were pressured by the outlook for mild US autumn temperatures to reduce heating demand for nat-gas. The Commodity Weather Group forecasts above-n

R Rich Asplund