Energy Price Hub

Daily updates 10/15/2019

U.S. Natural Gas Moderately higher as record cold in the North Central is helping solidify downside support even though it won't reach the heavily populated East. The Nov-2019 contract is 2.4 cents higher at $2.304
U.S. Weather The 6-10 day forecast is calling for above-normal temperatures to cover much of the eastern half of the nation and West, with below-normal temperatures in much of the western half.
U.S. Dollar Weaker against the British pound and euro after top EU negotiator, Michel Barnier, said a Brexit deal was possible as early as this week.
Oil Sliding lower on demand worries after the IMF cut its 2019 global growth estimate to 3%, the lowest pace since the 2008 financial crisis. The Nov-2019 WTI contract is 25 cents lower at $53.34.
Equity Markets Tracking European stocks higher on optimism British and EU negotiators would reach a trade deal before the U.K.'s exit later this month.
Geopolitics U.S. Treasury Secretary Steven Mnuchin reiterated that new tariffs on $165 billion of Chinese goods will go into effect December 15th if a trade deal isn't reached.

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