Coquest

Your Daily Energy Report for September 10, 2025

Posted on 2025-09-10

Crude Oil

Crude Oil futures for October settled up $1.04 or 1.661% at $63.67. Oil prices advanced on Wednesday, as traders weighed geopolitical headlines against signs from the economy. The market was already supported after U.S. wholesale inflation data came in weaker than forecast, reinforcing expectations of possible interest rate cuts that could underpin energy demand. Buying picked up after President Trump posted on social media questioning Russian drone activity over Poland, fueling speculation he might soon move against Moscow’s energy exports and driving short-covering. This came alongside reports he pressed European leaders to align with U.S. tariff measures on China and India—two key outlets for Russian oil—as leverage in pushing Russia to the negotiating table. Meanwhile, news of Israeli strikes on Hamas figures in Qatar reignited Middle East concerns, further adding to crude’s risk premium.
 

Natural Gas

Natural Gas futures for October settled down -$.088 or -2.823% at $3.029. Natural gas prices slipped as surging output and weaker LNG flows outweighed support from hotter weather forecasts. Pipeline deliveries to export terminals fell to about 14.6 Bcf per day, the lowest in three weeks and more than 5% below the prior week, undercutting one of the main outlets for domestic supply. This softness on the export side offset otherwise bullish signals from updated temperature models. Further pressure came from power sector data, with the Edison Electric Institute noting U.S. electricity generation was down nearly 8% from the same week a year ago. Although the longer-term trend in output remains positive, the sharp near-term decline points to easing cooling demand heading into early September.
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