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November 27th, 2018

Market Summary for the Week of November 19 - November 23, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Last week saw crude oil prices fall to lows of more than a year. Global supplies are increasing due to high rates from the world’s top 3 producers, while projections for crude demand in 2019 have recently been revised downward. Natural gas prices saw modest gains last week. Inventories are 19% below average after an uncharacteristically strong withdrawal, and cold over the holiday weekend could impact next week’s storage report.

To view the complete Market Summary, click here.

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