Weekly Energy Market Update 11/09

Natural Gas Bullish

​Crude Oil Bullish

Economy Bullish/Neutral

Weather Neutral

Forward power prices in most regions followed gas higher last week. Cal ’22 strips in MISO, PJM, and Northeast markets moved up 3-4% week-over-week. ERCOT Cal’ 22 strip was up ~2% and the Cal ’22 CAISO strip backed off slightly. Cal ’23 saw a slight uptick across the board with the exception of ERCOT, where prices were down ~1.5%.

Please reach out to your Account Manager with any questions.

View the Full Energy Market Update Courtesy of Constellation