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December 18th, 2018

Market Summary for the Week of December 10 - December 14, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude fell slightly last week but generally held in the range of the past 3 weeks. High domestic production rates are offsetting the market impact of the renewed agreement between the OPEC+ group. Natural gas prices for the remainder of this winter fell as much as 15% last week. Mild forecasts mollified fears that strong heating demand might strain inventories, which are 20% below the 5-year average.

To view the complete Market Summary, click here.

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