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April 21st, 2014

Market Summary for the Week of April 14 - 18, 2014

by Michelle Tham, Director of Analytics

Synopsis of Last Week's Energy Markets

Crude oil rose for a second week in a row; prices have been generally trending upward since April 1. Tensions between Ukraine and Russia bolstered prices, as did a drop in crude supplies at Cushing, Oklahoma. Natural gas saw a 20-cent jump to a seven-week high of $4.741 per MMBtu on Thursday, as the second injection of the season was again lower than predicted, at 24 Bcf for the week ended April 11.

To view the complete Market Summary, click here.

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