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Your Daily Energy Report for June 1, 2026

Posted on 2026-06-01

Crude Oil

Crude Oil futures for July settled up $4.80 or 5.495% at $92.16. Oil prices spiked on Monday following reports that Iran will suspend exchanges of messages with the US over Israel’s intensifying military operations in Lebanon.

 

Natural Gas

Natural Gas futures for July settled down -$.111 or -3.374% at $3.179. Natural gas prices fell today, retreating from a three-month high as traders reassessed supply and demand conditions.

 

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