Coquest

Your Daily Energy Report for November 25, 2025

Posted on 2025-11-25

Crude Oil

Crude Oil futures for December settled down -$.89 or -1.513% at $57.95. Oil prices slipped on Tuesday, marking its weakest level in over a month. The drop followed reports that Ukraine may have accepted updated terms in a proposal aimed at bringing an end to the conflict with Russia. Zelenskiy noted that discussions with Washington are still active, while Moscow’s stance remains uncertain. Diplomats have been working in multiple venues, including sessions in Geneva and separate US–Russia talks in Abu Dhabi, even as fresh overnight strikes underscored that hostilities continue. A breakthrough that winds down the war would carry major implications for the energy market. Russia, one of the world’s top oil suppliers, is constrained by broad Western sanctions, and recent Ukrainian drone attacks on refining sites have tightened supplies of processed fuels. Any rebound in Russian production would feed into an already loosening market, with global output growing more quickly than consumption.

​​​​​Natural Gas

Natural Gas futures for December settled down -$.125 or -2.748% at $4.424. Natural gas prices eased today as traders weighed uneven weather signals for early December. Short-term consumption is expected to stay soft with much of the country running warmer than typical, daytime highs mostly in the 40s to 60s in northern states and 50s to 80s across the South. A brief burst of Arctic air is poised to move in mid-week, dropping temperatures into the teens or single digits in parts of the Rockies and Northern Plains before sliding eastward into the weekend, which should temporarily lift heating needs as the month begins. The complication is that forecast models currently point to a warmer pattern returning around December 7–11, with the coldest air shifting back toward Canada.
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