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September 5th, 2018

Market Summary for the Week of August 27 - August 31, 2018

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude prices rose for the second straight week after the EIA reported another drop in US crude stocks. Prices are also climbing as Tropical Storm Gordon is headed toward the Gulf Coast, which will impact oil production in the region. Natural gas prices saw little change week-over-week amid lingering summer heat, continued rising production, and a persistent inventory deficit of 19% compared to the 5-year average.

To view the complete Market Summary, click here.

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