Rich Asplund on 10/08/2026

Crude Prices Surge on Possible Escalation of US-Iran War

November WTI crude oil (CLX26 ) is up +4.54 (+5.14%) today, and November RBOB gasoline (RBX26 ) is up +0.1462 (+4.52%). Crude oil and gasoline prices are soaring today on signs of possible escalation of the US-Iran conflict. Also, surging freight costs to ship crude oil out of the Middle...Satellite

R Rich Asplund
Rich Asplund on 10/07/2026

Crude Prices Fall as EIA Cuts its Crude Demand Forecast

November WTI crude oil (CLX26 ) closed down -1.16 (-1.30%) on Wednesday, and November RBOB gasoline (RBX26 ) closed down -0.0390 (-1.19%). Crude oil and gasoline prices erased an early rally on Wednesday and settled lower on signs of weakening global energy demand after the EIA cut its 2026 global..

R Rich Asplund
Rich Asplund on 10/07/2026

Cooler US Weather and Expectations of Shrinking Storage Lift Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Wednesday closed up +0.089 (+2.86%). Nat-gas prices extended this week’s rally on Wednesday, posting a 1.5-week high and settling sharply higher. Forecasts for cooler US weather that will boost heating demand for nat-gas boosted prices on Wednesday. The Commod

R Rich Asplund
Michael O'Donnell on 10/07/2026

Energies Mixed Betwixt EIA and FOMC Minutes

As of Thursday morning, 7 October 2026, Energies markets are pricing the morning’s EIA report ahead of FOMC minutes report due out at 1 PM Central Time. The morning’s EIA report showed a draw of 3.2 million barrels, which is one factor in the front month CLX26 Crude Oil WTI...Offshore drilling rig

M Michael O'Donnell
Rich Asplund on 10/07/2026

Crude Prices Supported by Middle East Supply Concerns

November WTI crude oil (CLX26 ) is up +0.20 (+0.22%) today, and November RBOB gasoline (RBX26 ) is up +0.0255 (+0.78%). Crude oil and gasoline prices are moving higher today on concerns about disruptions to crude supplies from the Middle East after Iran ramped up attacks on tankers in the...A sunset

R Rich Asplund
Darin Newsom on 10/06/2026

Corn, Soybeans, and Wheat: What Is Really Driving Grain Volatility?

In an interview on Markets Now, I break down how fund activity, USDA report discrepancies, energy policy shifts, and commercial demand are driving recent two-way volatility across the grain, energy, and livestock markets.Corn, wheat & soybeans by Jim Barber via Shutterstock

D Darin Newsom
Rich Asplund on 10/06/2026

Crude Prices Rebound as Iran Ramps Up Ship Attacks in Hormuz

November WTI crude oil (CLX26 ) closed up +0.01 (+0.01%) on Tuesday, and November RBOB gasoline (RBX26 ) closed up +0.0270 (+0.83%). Crude oil and gasoline prices erased early losses on Tuesday and settled higher as short covering emerged on reports that Iran has ramped up attacks on tankers in...St

R Rich Asplund
Rich Asplund on 10/06/2026

Nat-Gas Prices Settle Higher as European Gas Prices Jump

November Nymex natural gas (NGX26 ) on Tuesday closed up +0.048 (+1.57%). Nat-gas prices settled higher on Tuesday, supported by carryover from a rally in European gas prices to a 2-week high. European nat-gas storage levels are only 73% full, which may push European countries to ramp up US gas...T

R Rich Asplund
Rich Asplund on 10/06/2026

Crude Prices Pressured as More Oil Supplies Leave the Middle East

November WTI crude oil (CLX26 ) is down -1.27 (-1.42%) today, and November RBOB gasoline (RBX26 ) is down -0.0443 (-1.36%). Crude oil and gasoline prices are falling today, with crude oil dropping to a 1-month low. Signs that more crude supplies are leaving the Middle East are easing global...Oil t

R Rich Asplund
Rich Asplund on 10/05/2026

Crude Oil Prices Fall on Dollar Strength and Saudi Price Cuts

November WTI crude oil (CLX26 ) closed down -1.68 (-1.84%) on Monday, and November RBOB gasoline (RBX26 ) closed down -0.0662 (-2.00%). Crude oil and gasoline prices settled lower on Monday after the dollar index ($DXY ) rallied to a 1.5-year high. Crude prices also fell after Saudi Arabia cut...2

R Rich Asplund
Rich Asplund on 10/05/2026

Nat-Gas Prices Climb on Cooler US Weather Forecasts

November Nymex natural gas (NGX26 ) on Monday closed up +0.031 (+1.02%). Nat-gas prices settled higher on Monday as forecasts for cooler US weather later this month could boost heating demand for nat-gas. The Commodity Weather Group said Monday that forecasts shifted cooler across the northern and

R Rich Asplund
Rich Asplund on 10/05/2026

Crude Oil Prices Weaken on Dollar Strength and Saudi Price Cuts

November WTI crude oil (CLX26 ) is down -0.09 (-0.10%) today, and November RBOB gasoline (RBX26 ) is down -0.0367 (-1.11%). Crude oil and gasoline prices are moving lower today, with the dollar index ($DXY ) climbing to a 1.5-year high. Crude prices also fell after Saudi Arabia cut the...Petroleum

R Rich Asplund
Don Dawson on 10/05/2026

What Record Diesel and Heating Oil Prices May Be Telling Other Markets

Heating oil isn't just about heating homes. It's also a diesel story. A 42-gallon barrel of crude produces only about 11–13 gallons of distillate fuel. Now add tight inventories, global supply concerns—and a 15-year seasonal pattern turning bearish. History says one thing, today's market says anot

D Don Dawson
Darin Newsom on 10/05/2026

What Should We Read Into Monday Morning's Markets?

A look across the commodity complex and nothing jumped out at me. However, there was a headline below the fold on the financial news front page...Commodities on laptop keyboard by Maxx-Studio via Shutterstock

D Darin Newsom