Coquest

Your Daily Energy Report for June 17, 2026

Posted on 2026-06-17

Crude Oil

Crude Oil futures for July settled up $.74 or .973% at $76.79. Oil prices fell on Wednesday after US President Donald Trump warned that the bombing of Iran could resume if Tehran failed to “behave,” injecting fresh uncertainty into a potential ceasefire deal. The geopolitical tension escalated further when Trump stated the memorandum of understanding with Iran was not final, emphasizing that military action remained a distinct possibility.

 

Natural Gas

Natural Gas futures for July settled down -$.094 or -2.902% at $3.145. Natural gas prices retreated today as market participants carefully evaluated supply trends, weather forecasts, and shifting demand expectations.

 

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