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December 11th, 2018

Market Summary for the Week of December 3 - December 7, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil prices climbed for a second straight week. OPEC and Russia agreed to cut production for the first half of 2019, boosting prices. However, the US-China trade war continues to keep a cap on prices. Natural gas prices slipped 2.5% this week, halting November’s rally as forecasts showed mild temperatures that could moderate heating demand. Strong output weighed on prices despite low inventory levels.

To view the complete Market Summary, click here.

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