Coquest

Your Daily Energy Report for September 2, 2026

Posted on 2026-09-02

Crude Oil

Crude Oil futures for October settled up $.79 or .876% at $91.01. Oil prices rose on Wednesday, taking a breather following a two-session rally that pushed benchmark prices to a six-week high. Energy traders are balancing heightened Middle East geopolitical supply risks against data indicating physical crude is still transiting key shipping lanes.

 

​​​​​Natural Gas

Natural Gas futures for October settled up $.052 or 1.791% at $2.956. Natural gas prices are up slighlty today, touching an eight-week peak driven by persistent late-summer heat and expanding LNG export intake. Meteorologists project above-normal heat across the central U.S. into mid-September, which should maintain strong power-sector burn for cooling needs. 

 

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