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March 5th, 2019

Market Summary for the Week of February 25 - March 1, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil ended a volatile week down 3% as comments from President Trump and depressed US economic data offset news of further OPEC production cuts in February and a bullish inventory report from the EIA. In contrast, natural gas prices gained 4% last week fueled by forecasts for cold weather and a widening inventory deficit, but strong output and the nearing end of winter have alleviated fears for a serious supply shortage.

To view the complete Market Summary, click here.

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