Coquest

Your Daily Energy Report for August 25, 2025

Posted on 2025-08-25

Crude Oil

Crude Oil futures for October settled up $1.14 or 1.791% at $64.80. Oil prices rose on Monday, marking a fourth consecutive day of gains as traders assessed both geopolitical tensions and central bank signals. Concerns about Russian exports intensified following renewed Ukrainian drone attacks that set off fires at the Ust-Luga terminal and the Novoshakhtinsk refinery. The lack of progress in peace negotiations, combined with President Trump’s threats of additional sanctions on Moscow and steeper tariffs on Indian goods, further fueled supply worries. At the same time, Fed Chair Jerome Powell hinted that interest rate reductions could come as soon as September, lifting expectations that stronger U.S. growth might support oil demand. Even so, global economic uncertainty continues to weigh on the outlook, as sluggish growth could limit consumption over time. On the production side, OPEC+’s decision to bring some barrels back to the market has revived oversupply concerns, keeping prices nearly 9% lower than where they stood in January.
 

Natural Gas

Natural Gas futures for September settled down -$.002 or -.074% at $2.696. Natural gas prices closed the day close to flat, as steady LNG demand and slightly warmer midday weather updates offset early weakness. The most recent EIA data showed a modest storage build of just 13 Bcf, well below the five-year norm of 35 Bcf, which looked bullish on the surface but failed to move the market much. Inventories remain nearly 6% higher than average for this point in the season, leading traders to dismiss the small injection as an outlier. Looking ahead, forecasts point to cooler-than-usual conditions across much of the eastern U.S., with only limited areas in the West and Deep South expected to see triple-digit heat.
​​​​
Continue reading the full Coquest Daily Report.

---