Rich Asplund on 01/27/2026

Dollar Weakness and Iranian Risks Boost Crude Oil Prices

March WTI crude oil (CLH26 ) today is up +1.11 (+1.83%), and March RBOB gasoline (RBH26 ) is up +0.0142 (+0.77%). Crude oil and gasoline prices are climbing today, with crude oil posting a 1.5-week high. Today's slump in the dollar index (DXY00 ) to a 4.25-month low is bullish...Offshore oil platfo

R Rich Asplund
Rich Asplund on 01/26/2026

Nat-Gas Prices Spike to 3.25-Year High

February Nymex natural gas (NGG26 ) on Monday soared by +1.525 (+28.91%), bringing the rally since January 16 to a total of +119%. Feb nat-gas prices on Monday spiked to a new 3.25-year nearest-futures high, driven by the massive storm that just crossed the US and the Arctic blast of...Triple natura

R Rich Asplund
Rich Asplund on 01/26/2026

Crude Oil Falls Back as Kazakhstan's Oil Disruptions Ease

March WTI crude oil (CLH26 ) on Monday closed down -0.434 (-0.72%), and March RBOB gasoline (RBH26 ) closed down -0.0312 (-1.67%). Crude oil and gasoline prices closed lower on Monday, falling back after last Friday's rally. Crude oil prices fell on Monday due to long liquidation pressure and easing

R Rich Asplund
Rich Asplund on 01/26/2026

Crude Oil Falls Back as Kazakhstan's Oil Disruptions Ease

March WTI crude oil (CLH26 ) today is down -0.42 (-0.69%), and March RBOB gasoline (RBH26 ) is down -0.0344 (-1.84%). Crude oil and gasoline prices are trading lower today, falling back after last Friday's rally. Crude oil prices are lower today due to long liquidation pressure and easing disruption

R Rich Asplund
Bill Baruch on 01/26/2026

Crude Pulls Back From Overnight Highs as Macro Pressures Build

Crude Oil rallied on the overnight session, reaching highs of 61.71 before falling back towards the overnight average price around 61.08. As we head into the US session oil is trading down on the day, crossing that 61.08 line with conviction around 5am. Headlines around the CPC terminal we mentioned

B Bill Baruch
Rich Asplund on 01/23/2026

Crude Oil Rallies on Dollar Weakness and Heightened Geopolitical Risks

March WTI crude oil (CLH26 ) on Friday closed up +1.71 (+2.88%), and March RBOB gasoline (RBH26 ) closed up +0.0307 (+1.67%). Crude oil and gasoline prices rose sharply on Friday, with crude oil posting a 1-week high. Friday's slump in the dollar index (DXY00 ) to a 3.5-month low...Two oil barrels

R Rich Asplund
Rich Asplund on 01/23/2026

Nat-Gas Prices Underpinned by a Historic US Winter Storm

February Nymex natural gas (NGG26 ) on Friday closed up by +0.230 (+4.56%). Feb nat-gas prices settled sharply higher on Friday but remained below Thursday's 3-year nearest-futures high. Nat-gas prices have surged this week as a historic winter storm that will dive into the US this weekend will boo

R Rich Asplund
Rich Asplund on 01/23/2026

Renewed Geopolitical Risks Lift Crude Oil Prices

March WTI crude oil (CLH26 ) today is up +1.61 (+2.71%), and March RBOB gasoline (RBH26 ) is up +0.0314 (+1.71%). Crude oil and gasoline prices are sharply higher today, with crude oil posting a 1-week high. Dollar weakness today is supportive for energy prices. Also, an increase in geopolitical..

R Rich Asplund
Bill Baruch on 01/23/2026

Risk Assets Reprice as Macro Volatility Leads the Tape

Macro Note: The macro price action we saw across risk-assets yesterday is notable. On Wednesday we saw sharp reversions in US equities, a strong rally in the Dollar, a fall in Crude, and a fall in Gold / Silver after President Trump clarified that we will not be “invading” Greenland....2 pumpjacks a

B Bill Baruch
Rich Asplund on 01/22/2026

Crude Prices Sink as Geopolitical Risks Ease and US Supplies Increase

March WTI crude oil (CLH26 ) on Thursday closed down -1.26 (-2.08%), and March RBOB gasoline (RBH26 ) closed down -0.0408 (-2.17%). Crude oil and gasoline prices sold off sharply on Thursday after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war with Russia. Losses

R Rich Asplund
Rich Asplund on 01/22/2026

Frigid US Weather Catapults Nat-Gas Prices to a 3-Year High

February Nymex natural gas (NGG26 ) on Thursday closed up by +0.170 (+3.49%), Feb nat-gas prices extended this week's parabolic rally on Thursday, climbing to a 3-year nearest-futures high. Natural gas prices have surged more than 60% over the last three days on forecasts of Arctic weather invading

R Rich Asplund
Rich Asplund on 01/22/2026

Crude Prices Tumble on Ukraine Peace Hopes and Surging US Oil Supplies

March WTI crude oil (CLH26 ) today is down -1.19 (-1.96%), and March RBOB gasoline (RBH26 ) is down -0.0412 (-2.19%). Crude oil and gasoline prices are sliding today after Ukrainian President Zelenskiy signaled progress in peace talks on ending the war with Russia. Losses in crude oil and gasoline

R Rich Asplund
Bill Baruch on 01/22/2026

Crude Pulls Back as Greenland Rhetoric Cools and CPC Repairs Near Completion

Crude oil is lower this morning after President Trump walked back the idea of taking Greenland by force later in the session yesterday. Markets had built up some inflation / deflationary risk has Trump upped the stakes on Greenland over the past week. US ten year yields rose to 4.2925%,...Oil jackpu

B Bill Baruch
Rich Asplund on 01/21/2026

Crude Oil Gains on Iran Risks

March WTI crude oil (CLH26 ) on Wednesday closed up +0.26 (+0.43%), and March RBOB gasoline (RBH26 ) closed up +0.0285 (+1.54%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline climbing to a 7-week high. Crude found support on Wednesday from the IEA's decision to cut its...

R Rich Asplund
Rich Asplund on 01/21/2026

Nat-Gas Prices Surge as a Deep Freeze Threatens the US

February Nymex natural gas (NGG26 ) on Wednesday closed up sharply by +0.968 (+24.78%), Feb nat-gas prices rallied sharply for a second day on Wednesday, reaching a 6-week high. Natural gas prices have surged more than 50% over the last two days on forecasts of Arctic weather invading the US,...Fro

R Rich Asplund