Coquest

Your Daily Energy Report for August 3, 2026

Posted on 2026-08-03

Crude Oil

Crude Oil futures for September settled down -$4.33 or -5.114% at $80.34. Oil prices slid on Monday, after US President Donald Trump suspended a planned military strike on Iran, citing direct appeals from regional allies including Saudi Arabia to prioritize diplomacy and secure a deal to reopen the Strait of Hormuz.

 

​​​​​Natural Gas

Natural Gas futures for August settled up $.034 or 1.238% at $2.781. Natural gas prices notched slight gains as traders reacted to a temporary dip in daily production.

 

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