Coquest

Your Daily Energy Report for July 15, 2026

Posted on 2026-07-15

Crude Oil

Crude Oil futures for August settled up $.26 or .328% at $79.60. Oil prices finished up on Wednesday as intensifying Middle East conflict and fresh EIA data showing a 1.7 million barrel decline in US stockpiles kept supply anxieties elevated. This positive finish came amid a high-stakes, seven-hour military operation by US forces targeting dozens of Iranian coastal assets to disrupt Tehran's ability to interfere with shipping, coupled with the reestablishment of a naval blockade on Iranian ports.

 

​​​​​Natural Gas

Natural Gas futures for August settled up $.02 or .689% at $2.924. Natural gas prices are slightly up today, snapping a 4 day losing streak. Even with this slight uptick, the market remains heavily weighed down by a massive domestic supply glut, especially since mild summer weather has kept air-conditioning demand too low to chip away at current stockpiles. 

 

Sign up today to receive the entire Coquest Daily Report.

---