Crude Hits a New High Into Election Weekend as Nat Gas Slips to a Fresh Contract Low

Written on 10/30/2026
Phillip Streible

December crude hit a new high of the move at the top of its rising wedge, and the old $103.90 high is the level to watch into the weekly settle with election weekend headline risk ahead. December nat gas set a new contract low after a bigger than expected storage build, with funds holding a record short. Key levels and bias for both markets are inside.2 pumpjacks at sunset by vadimrysev via iStock
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