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July 16th, 2019

Market Summary for the Week of July 8 - July 12, 2019

by Kelsey Berger and Michelle Tham, Energy Analysts

Synopsis of Last Week's Energy Markets

Crude prices rose 4.7% last week, as Tropical Storm Barry disrupted U.S. Gulf of Mexico production and domestic oil inventories reported a steep drop. Natural gas prices also rose 1% last week with support from forecasts for heat waves that could boost electricity demand to meet cooling load. Meanwhile, Hurricane Barry's landfall suppressed regional gas production and demand.

To view the complete Market Summary, click here.

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