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Your Daily Energy Report for June 5, 2026
Posted on 2026-06-05
Crude Oil
Crude Oil futures for July settled down -$2.50 or -2.687% at $90.54. Oil prices slipped on Friday as market participants intensely scanned for diplomatic advancement in U.S.-Iran negotiations amid persistent friction over an elusive Israel-Lebanon ceasefire.
Natural Gas
Natural Gas futures for July settled down -$.107 or -3.207% at $3.229. Natural gas prices retreated today from a sixteen-week peak during the prior trading session. This drop stemmed from softer LNG export demand, as pipeline flows to nine major U.S. terminals dipped to 16.4 bcfd due to seasonal maintenance at Texas facilities like Freeport LNG and Golden Pass.
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