Coquest

Your Daily Energy Report for September 28, 2026

Posted on 2026-09-28

Crude Oil

Crude Oil futures for November settled up $.19 or .206% at $92.60. Oil prices rose on Monday, following reports that Saudi Arabia restored throughput along its key East-West pipeline to approximately 3.5 million barrels daily after completing drone strike repairs. Meanwhile, prospective diplomatic signals emerged as US President Donald Trump signaled potential openness to sanctions relief and the unfreezing of assets for Tehran provided tangible progress is demonstrated regarding a nuclear deal.

***Report for 9/25 showed incorrect price for Nov CL, correct settlement on 9/25 for Nov CL: $92.41***

 

Natural Gas

Natural Gas futures for October settled down -$.196 or -6.133% at $3.000. Natural gas prices pulled back today as market participants monitored repair efforts along the Mountaineer XPress pipeline in West Virginia. The market continues to assess the operational impact after TC Energy's Columbia Gas Transmission unit declared force majeure following a mechanical failure that curtailed roughly 1.4 to 1.8 bcfd of regional transport capacity. 

 

Sign up today to receive the entire Coquest Daily Report.

---