This week's energy prices
Nat gas finished the week strong, as a small injection into storage signaled the winter’s end and the beginning of the summer fill season. Cash prices in most locations are already well above first-of month settlements, with strength provided by regional weather patterns and continued futures buying.
Oil prices jumped 22 cents on Friday after news of US airstrikes in Syria. Syria itself is a relatively small player, with production of around 65,000 bbl/d. The move was a response to the chance of conflict affecting larger regional producers such as Iraq, and was tempered by a weaker-than-expected jobs release.
Note: All prices are indicative and are sourced from Bloomberg as of 11:48 MST Friday, April 7. For live prices or hedge strips, contact us directly.