Coquest

Your Daily Energy Report for January 13, 2026

Posted on 2026-01-13

Crude Oil

Crude Oil futures for February settled up $1.65 or 2.773% at $61.15. Oil prices climbed on Tuesday, driven by fears that global instability might choke off energy output. Heightened wariness among traders followed statements from President Trump regarding Iran, specifically his decision to pause diplomatic talks until internal unrest ceases and his promise that “help is on its way.” Market anxiety was further fueled by the recent implementation of a 25% tariff on Iranian-connected products, raising the specter of Middle Eastern conflicts impacting global distribution. Adding to the upward pressure, the Caspian Pipeline Consortium facility in Kazakhstan faced significant operational hurdles that hampered supply. A combination of severe storms, scheduled upkeep, and drone strikes has slashed daily output by roughly 50%, bringing volumes down to just 900,000 barrels.

​​​​​Natural Gas

Natural Gas futures for February settled up $.01 or .293% at $3.419.Natural gas prices increased today, following yesterday's jump that was fueled by massive LNG export activity and predictions of frigid winter weather. Cumulative output from the Lower 48 states has moderated to 109.4 bcfd so far this month, sliding just below the record of 109.7 bcfd set throughout December. Market analysts are eyeing the January 18-20 window for peak heating demand, as current forecasts show below-average temperatures lingering until January 28. Global demand remains robust with monthly exports averaging 18.8 bcfd, underscored by a Monday surge to a new daily high of 19.5 bcfd. Much of this momentum is attributed to Cheniere Energy’s Corpus Christi facility, which handled a record-breaking 2.6 bcfd to surpass the volume benchmark hit in early December.
​​​​
Continue reading the full Coquest Daily Report.

---