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Your Daily Energy Report for June 15, 2026
Posted on 2026-06-15
Crude Oil
Crude Oil futures for July settled down -$4.13 or -4.866% at $80.75. Oil prices plunged on Monday, touching a two-month low after the United States and Iran finalized a peace agreement aimed at terminating the Middle East conflict and completely reopening the Strait of Hormuz by week's end.
Natural Gas
Natural Gas futures for July settled up $.027 or .865% at $3.147. Natural gas prices finished mostly flat today after news of a U.S.–Iran peace deal. Both nations confirmed they have reached a comprehensive agreement to end their war, with President Donald Trump stating that Washington will lift its naval blockade of Iranian ports and that the Strait of Hormuz, a key chokepoint for a fifth of global oil and LNG supplies, will fully reopen once the pact is formally signed on June 19.
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