Coquest

Your Daily Energy Report for October 29, 2026

Posted on 2026-10-29

Crude Oil

Crude Oil futures for December settled down -$.78 or -.759% at $102.00. Oil prices slipped on Thursday as traders evaluated fresh diplomatic channels aimed at averting additional US military strikes against Iran. US Vice President JD Vance reportedly reached out to Iranian officials, while Foreign Minister Abbas Araghchi indicated that Tehran remains receptive to diplomatic talks.

 

Natural Gas

Natural Gas futures for December settled down -$.08 or -2.639% at $2.952. Natural gas prices fell today, marking a one-week low as rebounding domestic production and heavier-than-anticipated inventory additions countered gains from expanding LNG export volumes. 

 

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