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Energy Calendar for Oil and Gas Traders: March 20–24

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Nov. 20 2020, Updated 10:53 a.m. ET

Important events on the energy calendar 

The energy sector contributed to ~6.5% of the S&P 500 (SPY) (SPX-INDEX) on March 17, 2017. Oil and gas producers’ earnings such as Noble Energy (NBL), Chevron (CVX), Carrizo Oil & Gas (CRZO), and PDC Energy (PDCE) depend on crude oil (ERX) (ERY) (IXC) and natural gas (UGAZ) (DGAZ) (UNG) prices. For the latest updates on crude oil prices, read Part 1 and Part 4 of this series.

Crude oil and natural gas prices are driven by catalysts such as inventories and supply and demand data. Let’s take a look at some important events for the energy sector this week:

Tuesday, March 21:

  • The API (American Petroleum Institute) will release its crude oil inventory.

Wednesday, March 22:

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Thursday, March 23:

Friday, March 24:

  • Baker Hughes will release the US crude oil rig count.
  • Baker Hughes will release the US natural gas rig count.

In the next part, we’ll take a look at the crude oil market’s highs and lows in the last 12 months.

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