Coquest

Your Daily Energy Report for August 4, 2026

Posted on 2026-08-04

Crude Oil

Crude Oil futures for September settled down -$4.57 or -5.688% at $75.77. Oil prices plunged on Tuesday, reversing earlier gains after US Treasury Secretary Scott Bessent and Qatar hinted at potential diplomatic breakthroughs regarding the Strait of Hormuz.

 

Natural Gas

Natural Gas futures for August settled down -$.099 or -3.56% at $2.682. Natural gas prices fell today as forecasts for milder weather and moderating temperatures signaled weaker near-term demand.

 

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