Coquest

Your Daily Energy Report for December 26, 2025

Posted on 2025-12-26

Crude Oil

Crude Oil futures for February settled down -$1.61 or -2.759% at $56.74. Oil prices slipped on Friday as optimism surrounding a potential breakthrough in Ukraine peace talks emerged. This bearish shift followed President Zelenskiy’s announcement of an upcoming dialogue with Donald Trump regarding conflict resolution, while Russian authorities concurrently signaled a willingness to review diplomatic proposals. Such geopolitical developments effectively neutralized previous upward pressure caused by military disruptions in Nigeria and tightened restrictions on Venezuelan oil exports. Consequently, WTI remains on track for its most significant yearly decline since 2020, a total plummet of roughly 18%, despite recent pockets of robust US economic indicators. Market participants largely anticipate a substantial global oil surplus throughout the coming year, driven by accelerating output from both OPEC+ members and independent producers.

​​​​​Natural Gas

Natural Gas futures for January settled up $.124 or 2.923% at $4.366. Natural gas prices climbed today, bolstered by exceptionally high LNG export flows. Daily volume reaching prime LNG facilities averaged 18.5 bcfd this month, eclipsing the previous peak set in November and signaling sustained international demand. While milder winter conditions might dampen the internal appetite for energy, seasonal requirements are still anticipated to outpace current production. To bridge this gap, the market will rely on storage extractions, even though total reserves started the cold season well above historical norms. Despite record-breaking domestic production levels, the interplay between massive outbound shipments and cooling-related usage keeps the market outlook balanced.
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