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March 17th, 2014

Market Summary for the Week of March 10 - 14, 2014

by Michelle Tham, Director of Analytics

Synopsis of Last Week's Energy Markets

For the second straight week, crude oil prices pulled back from the gains made over January and February. Total US stocks rose for the eighth consecutive week while stocks at Cushing, Oklahoma, saw a sixth week of decline. Natural gas prices hovered in the $4.50 per MMBTU range over the course of the week and dipped to their lowest point on Thursday as the EIA stockpile report showed a less than expected withdrawal for the previous week.

To view complete Market Summary, click here.

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