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October 23rd, 2018

Market Summary for the Week of October 15 - October 19, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil fell for a second straight week. US crude stocks of have gained for the past month while refineries are performing maintenance, offsetting the market impacts of the looming economic sanctions against Iran. Natural gas prices rose for the fifth consecutive week as traders looked ahead to colder weather and rising heating demand. Domestic inventories remain 16% below typical levels.

To view the complete Market Summary, click here.

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