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November 20th, 2018

Market Summary for the Week of November 12 - November 16, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil prices fell again; by the end of the week, the prompt month had fallen 26% since a peak on October 3rd. OPEC and Russia released production numbers showing large increases from September, offsetting lost production from Iran. On the other hand, natural gas prices soared last week as November cold threatened to strain inventories that are already at 15-year seasonal lows. December futures saw a 15% weekly gain.

To view the complete Market Summary, click here.

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