Coquest

Your Daily Energy Report for August 17, 2026

Posted on 2026-08-17

Crude Oil

Crude Oil futures for September settled up $2.10 or 2.549% at $84.50. Oil prices gained on Monday, balancing ongoing geopolitical tensions against evidence that maritime traffic through the Strait of Hormuz remains higher than anticipated. Persian Gulf exporters continue to sustain steady outflow volumes from the region despite military hostilities, preventing acute short-term supply panic.

 

​​​​​Natural Gas

Natural Gas futures for September settled down -$.043 or -1.573% at $2.690. Natural gas prices dipped today, touching their lowest mark since August 7 amid moderating weather outlooks and anticipated larger inventory builds.

 

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