Coquest

Your Daily Energy Report for November 11, 2026

Posted on 2026-11-11

Crude Oil

Crude Oil futures for December settled up $.49 or .57% at $86.53. Oil prices rebounded on Wednesday, recovering from a 10-week low as ongoing Middle East frictions and stalled peace negotiations supported prices. Geopolitical uncertainty persisted after Iran insisted it will not surrender any enriched nuclear material, marking a critical negotiation hurdle, while Tehran denied holding direct talks with Washington despite U.S. President Donald Trump hinting that further military strikes might not be required.

 

​​​​​Natural Gas

Gas futures for December settled down -$.081 or -2.458% at $3.215. Natural gas prices slipped today, breaking a three-session rally. Market analysts noted that the previous advance may have outpaced short-term temperature guidance, though sizable net short speculative positioning keeps bearish traders vulnerable to sharp upward price reactions on even minor bullish weather revisions.

 

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