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October 16th, 2018

Market Summary for the Week of October 8 - October 12, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude prices finally fell last week on a combination of factors. A slump in equities brought down commodities, while domestic crude storage gained. However, relations with Saudi Arabia are strained by the disappearance of Jamal Khashoggi, which could boost oil prices. Natural gas prices saw little weekly change as power outages in the wake of Hurricane Michael weighed on markets. This comes despite increasing concern over low storage levels going into the winter season.

To view the complete Market Summary, click here.

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