Coquest

Your Daily Energy Report for August 5, 2026

Posted on 2026-08-05

Crude Oil

Crude Oil futures for September settled down -$.55 or -.726% at $75.22. Oil prices dipped on Wednesday after suffering back-to-back drops exceeding 5% in prior sessions, driven by market optimism over a potential breakthrough regarding the Strait of Hormuz.

 

Natural Gas

Natural Gas futures for August settled up $.006 or .224% at $2.688. Natural gas prices finished mostly flat today after hovering near three-month lows, as forecasts for moderating temperatures signaled weaker near-term demand. 

 

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