Coquest

Your Daily Energy Report for May 27, 2026

Posted on 2026-05-27

Crude Oil

Crude Oil futures for July settled down -$5.21 or -5.549% at $88.68. Oil prices dropped on Wednesday, hovering near a five-week low as market optimism intensified regarding a potential peace agreement between Washington and Tehran, despite highly conflicting communication from both nations.

 

Natural Gas

Natural Gas futures for June settled up $.146 or 5.045% at $3.040. Natural gas prices jumped today as producers scaled back output and an increased volume of domestic supply was funneled toward Gulf Coast LNG export terminals. 

 

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