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January 29th, 2019

Market Summary for the Week of January 21 - January 25, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil futures were steady last week. Bearish projections for global economic growth continue to weigh on prices, but political instability in Venezuela could lead to US sanctions against its oil exports. Natural gas futures declined 9% last week amid uncertainty over just how severe the coming cold snap could be. Inventories are relatively low, but near-record production continues to weigh on markets.

To view the complete Market Summary, click here.

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