Coquest

Your Daily Energy Report for October 8, 2026

Posted on 2026-10-08

Crude Oil

Crude Oil futures for November settled up $3.21 or 3.636% at $91.49. Oil prices surged on Thursday but later pulled back after President Trump dampened expectations of an immediate strike against Iran that would aggravate Middle Eastern hostilities.

 

​​​​​Natural Gas

Natural Gas futures for November settled down -$.035 or -1.093% at $3.168. Natural gas prices pulled back today, snapping a four-day winning streak as a larger-than-anticipated build in domestic inventories temporarily overshadowed tightening production and expectations for rising heating demand. 

 

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