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Your Daily Energy Report for November 10, 2026
Posted on 2026-11-10
Crude Oil
Crude Oil futures for December settled down -$.81 or -.933% at $86.04. Oil prices retreated on Tuesday to reach their weakest valuation since late August, continuing a 4.4% retreat from the prior session as energy traders factored in a higher likelihood of a negotiated end to Middle Eastern hostilities. U.S. President Donald Trump indicated additional strikes against Iran might prove unneeded, characterizing the nation's military capacity as functionally dismantled, while emphasizing that American forces maintain readiness to react if necessary.
Natural Gas
Natural Gas futures for December settled up $.078 or 2.424% at $3.296. Natural gas prices continued their rally today, marking a four-week peak as a colder temperature outlook, record-setting LNG export flows, and reduced domestic production provided strong market backing. Revised atmospheric models pointed to below-normal temperatures sweeping across central and eastern regions through November 20, driving expectations for an early winter spike in residential heating demand.
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