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October 8th, 2019

Market Summary for the Week of September 30 - October 4, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude prices fell 5% last week following slumping equities markets. U.S. inventories increased for the third straight week, as Saudi oil production recovered fully after drone attacks in September. Upcoming U.S.-China trade talks may influence near term pricing. Natural gas prices slipped 2% last week as U.S. production set new records. Gas in storage is now in line with typical levels ahead of the start withdrawal season, expected to begin next month.

To view the complete Market Summary, click here.

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