Energy Calendar for Oil and Gas Traders: May 1–5

Important events on the energy calendar 

The energy sector contributed to ~6.3% of the S&P 500 (SPY) (SPX-INDEX) on April 28, 2017. Oil and gas are major parts of the energy sector. Oil and gas producers’ earnings such as Apache (APA), Warren Resources (WRES), and QEP Resources (QEP) depend on crude oil (DIG) (SCO) (BNO) and natural gas (UNG) (UGAZ) prices. For the latest updates on crude oil prices, read Part 1 and Part 4 of this series.

Energy Calendar for Oil and Gas Traders: May 1–5

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, May 2:

Wednesday, May 3:

Thursday, May 4:

Friday, May 5:

  • 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 15 months.