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April 30th, 2019

Market Summary for the Week of April 22 - April 26, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil dropped 1% last week as claims of US-OPEC cooperation and rising US stocks offset the news of the end of sanctions waivers on Iranian crude. In contrast, natural gas prices are up 1% week over week but remain near historic lows as a slowdown in LNG exports, weak demand and high production lead to larger than normal storage injections. National stocks are now only 21.6% below the five-year average.

To view the complete Market Summary, click here.

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