Coquest

Your Daily Energy Report for August 27, 2026

Posted on 2026-08-27

Crude Oil

Crude Oil futures for October settled up $1.30 or 1.581% at $83.53. Oil prices rose on Thursday following three consecutive sessions of losses, as markets balanced easing Persian Gulf supply friction against rising disruptions to Russian energy exports. Expectations of smoother maritime transit grew after Iran’s military announced a revenue-sharing agreement with Oman regarding the strategic waterway. 

 

​​​​​Natural Gas

Natural Gas futures for September settled up $.065 or 2.287% at $2.907. Natural gas prices climbed to reach a five-week peak following official EIA inventory figures that revealed a lower-than-projected build.

 

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