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January 15th, 2019

Market Summary for the Week of January 7, 2019 - January 11, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude oil prices rose for the second straight week. Saudi Arabia is signaling its willingness to take the lead on cutting production, while Iran’s exports are finally being impacted by the sanctions. Natural gas prices rose 1% last week as forecasts turned colder. This raised concern that heating demand could widen the inventory deficit, which now rests at 15% compared to the 5-year average.

To view the complete Market Summary, click here.

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