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March 12th, 2019

Market Summary for the Week of March 4 - March 8, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil rose 0.5% last week as concerns over key economic indicators clashed with signs of growing demand for refined products. Traders have been playing a waiting game as resolution to the US-China trade war may come by the end of the month. Natural gas prices were also relatively flat week-over-week following three consecutive weekly gains. Despite a widening storage deficit, the recent market rally stalled as demand recedes ahead of the shoulder season.

To view the complete Market Summary, click here.

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