Rich Asplund on 11/21/2025

Crude Prices Fall on Hopes of a Russian-Ukraine Peace Deal

January WTI crude oil (CLF26 ) on Friday closed down -0.94 (-1.59%), and January RBOB gasoline (RBF26 ) closed down -0.0299 (-1.62%). Crude oil and gasoline prices tumbled to 4-week lows on Friday and settled sharply lower. Friday's rally in the dollar index (DXY00 ) to a 5.5-month high is...Petrol

R Rich Asplund
Rich Asplund on 11/21/2025

Colder US Weather Forecasts Lift Nat-Gas Prices

December Nymex natural gas (NGZ25 ) on Friday closed up by +0.111 (+2.48%). Dec nat-gas prices climbed to a 1-week high on Friday and settled sharply higher on forecasts of colder US weather early next month, potentially boosting nat-gas heating demand. Forecaster Atmospheric G2 said Friday that te

R Rich Asplund
Rich Asplund on 11/21/2025

Crude Oil Pressured by Dollar Strength and US-Russian Plan to End Ukraine War

January WTI crude oil (CLF26 ) today is down -1.23 (-2.08%), and January RBOB gasoline (RBF26 ) is down -0.0362 (-1.96%). Crude oil and gasoline prices tumbled to 4-week lows today and are sharply lower. Today's rally in the dollar index (DXY00 ) to a 5.5-month high is bearish for...Crude Oil pumpj

R Rich Asplund
Rich Asplund on 11/20/2025

Crude Erases Early Gains on a Possible Ukraine Peace Plan

December WTI crude oil (CLZ25 ) on Thursday closed down -0.30 (-0.50%), and December RBOB gasoline (RBZ25 ) closed down -0.0137 (-0.71%). Crude oil and gasoline prices erased an early rally on Thursday and settled lower, with gasoline falling to a 2-week low. Crude prices came under pressure on Thu

R Rich Asplund
Rich Asplund on 11/20/2025

Nat-Gas Prices Decline as US Weather Forecasts Turn Warmer

December Nymex natural gas (NGZ25 ) on Thursday closed down by -0.076 (-1.67%). Dec nat-gas prices gave up an early advance on Thursday and settled lower as US weather forecasts turned warmer, which could dampen heating demand for nat-gas. Forecaster Atmospheric G2 said Thursday that temperatures s

R Rich Asplund
Rich Asplund on 11/20/2025

Crude Gains on Dollar Weakness and Reduced Russian Oil Exports

December WTI crude oil (CLZ25 ) today is up +0.44 (+0.74%), and December RBOB gasoline (RBZ25 ) is down -0.0119 (-0.62%). Crude oil and gasoline prices are mixed today, with gasoline falling to a 2-week low. Crude garnered support today from a weaker dollar and a sharp rally in stocks,...Oil tanker

R Rich Asplund
Bill Baruch on 11/20/2025

Crude Slips as $60 Fails to Firm Up Ahead of Sanctions

Yesterday’s crude oil action was, in a word, disappointing. Monday night through Tuesday’s U.S. session suggested the $60.00*** level might hold with more conviction, giving the market a chance to consolidate, and breakout above $61.00–$61.25***. That did not materialize. Selling pressure began at t

B Bill Baruch
Rich Asplund on 11/19/2025

Crude Prices Tumble on Dollar Strength and Easing Geopolitical Risks

December WTI crude oil (CLZ25 ) on Wednesday closed down -1.30 (-2.14%), and December RBOB gasoline (RBZ25 ) closed down -0.0672 (-3.36%). Crude oil and gasoline prices settled sharply lower on Wednesday, with gasoline falling to a 1.5-week low. Wednesday's rally in the dollar index (DXY00 ) to a 2

R Rich Asplund
Rich Asplund on 11/19/2025

Nat-Gas Prices Jump on Colder US Weather Forecasts

December Nymex natural gas (NGZ25 ) on Wednesday closed up by +0.179 (+4.10%). Dec nat-gas prices rallied sharply on Wednesday as late-November and early December US weather forecasts shifted colder across the eastern half of the country, which could boost nat-gas heating demand. Forecaster Atmosph

R Rich Asplund
Rich Asplund on 11/19/2025

Crude Prices Retreat on Dollar Strength and Possible Ukraine Peace Deal

December WTI crude oil (CLZ25 ) today is down -1.47 (-2.42%), and December RBOB gasoline (RBZ25 ) is down -0.0612 (-3.06%). Crude oil and gasoline prices are sharply lower today, with gasoline falling to a 1.5-week low. Today's rally in the dollar index (DXY00 ) to a 1.5-week high is...Oil pipeline

R Rich Asplund
Rich Asplund on 11/18/2025

Crude Prices Rebound on Hawkish EU Rhetoric Toward Russia

December WTI crude oil (CLZ25 ) on Tuesday closed up +0.83 (+1.39%), and December RBOB gasoline (RBZ25 ) closed up +0.0092 (+0.46%). Crude oil prices recovered from early losses on Tuesday and moved higher after hawkish rhetoric by the European Union's top diplomat raised expectations that sanctions

R Rich Asplund
Rich Asplund on 11/18/2025

Nat-Gas Prices Slightly Higher as Near-Term Weather Forecasts Turn Colder

December Nymex natural gas (NGZ25 ) on Tuesday closed up by +0.010 (+0.23%). Dec nat-gas prices recovered from a 1.5-week low on Tuesday and settled slightly higher after updated weather forecasts turned colder for the central and eastern US toward the end of the November 23-27 period, which could b

R Rich Asplund
Rich Asplund on 11/18/2025

Crude Prices Pressured by Risk-Off Sentiment as Stocks Tumble

December WTI crude oil (CLZ25 ) today is down -0.04 (-0.07%), and December RBOB gasoline (RBZ25 ) closed down -0.0246 (-1.24%). Crude oil prices are under pressure today as a selloff in the S&P 500 to a 1-month low has sparked risk-off sentiment in asset markets. Also, signs of weakness...Crude Oil

R Rich Asplund
Rich Asplund on 11/17/2025

Nat-Gas Prices Fall on Warm US Weather Forecasts and Ample Inventories

December Nymex natural gas (NGZ25 ) on Monday closed down by -0.226 (-4.95%). Dec nat-gas prices fell sharply on Monday due to warmer-than-normal weather forecasts for Nov 22-26 for the eastern half of the US. Nat-gas prices were also pressured by high US gas production and high US nat-gas inventor

R Rich Asplund