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October 30th, 2018

Market Summary for the Week of October 22 - October 26, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil contracts lost about 2% last week. Saudi Arabia and Russia have ramped up production in advance of the lost production from Iran, and the October drop in the equities market is pulling down crude prices also. Natural gas prices fell by 2% last week after five straight weekly gains. Weather forecasts turned mild, signaling easing demand going into November.

To view the complete Market Summary, click here.

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