Energy Price Hub

Daily updates 10/18/2019

U.S. Natural Gas Edging higher even after the EIA reported a 104 Bcf injection, with flipped the deficit compared to the 5-year average to a surplus for the first time since September 2017. The Nov-2019 contract is 1.3 cents higher at $2.316
U.S. Weather The 6-10 day forecast is calling for above-normal temperatures in the East and West, with below-normal temperatures spread throughout the middle of the country.
U.S. Dollar Weaker against the euro and pound after a tentative Brexit pact was reached between the European Commission and UK PM Boris Johnson.
Oil Giving back some of yesterday's gains after disappointing industrial sector data raised concerns over economic growth and future demand for the commodity. The Nov-2019 WTI contract is 42 cents lower at $52.94.
Equity Markets Marginally higher despite some weaker-than-expected economic data as investors welcome an early round of upbeat Q3 corporate earnings.
Geopolitics Turkey agreed to a U.S.-brokered ceasefire in northern Syria to allow Kurdish-led forces to withdraw.

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