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November 13th, 2018

Market Summary for the Week of November 5 - November 9, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil prices have plummeted since early October as Russia, Saudi Arabia, and the US are all producing crude at historically high levels. In the past 5 weeks, NYMEX-traded WTI has eliminated the gains made since the start of 2018. Natural gas prices rose by a dramatic 14% last week amid concerns that cold weather could strain gas inventories, which began November at the lowest seasonal levels in more than a dozen years.

To view the complete Market Summary, click here.

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