Coquest

Your Daily Energy Report for October 26, 2026

Posted on 2026-10-26

Crude Oil

Crude Oil futures for December settled down -$1.51 or -1.484% at $101.76. Oil prices eased on Monday as fresh diplomatic initiatives targeting US-Iran tensions stoked hopes of averting major energy supply shocks. Regional security officials from Saudi Arabia, Pakistan, and Turkey scheduled meetings with Iranian leadership to reignite negotiations and contain the conflict's spread.

 

​​​​​Natural Gas

Natural Gas futures for November settled down -$.038 or -1.439% at $2.602. Natural gas prices sank today, marking their lowest point since October 2024 as mild weather projections sapped near-term space heating demand.

 

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