Coquest

Your Daily Energy Report for June 11, 2026

Posted on 2026-06-11

Crude Oil

Crude Oil futures for July settled down -$2.32 or -2.577% at $87.71. Oil prices has a sharp midday reversal on Thursday after President Trump announced he had canceled planned strikes against Iranian energy infrastructure. Prior to this sudden de-escalation, prices had toggled between gains and losses as traders balanced looming geopolitical risks against still-functioning global supply flows.

 

Natural Gas

Natural Gas futures for July settled down -$.098 or -3.077% at $3.087. Natural gas prices fell to their lowest threshold in over two weeks following a larger-than-expected storage build. Market pressure intensified after the EIA reported that domestic energy firms injected 108 billion cubic feet of gas into underground reservoirs last week, comfortably outpacing analyst forecasts of a 101 bcf increase.

 

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