Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical energy usage data and present appropriate options. Get started now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

Inflation Signals

May 17, 2021

Inflation Signals Warning

The Consumer Price Index (CPI) in April increased 4.2% year-over-year, the largest jump since 2008. The Producer Price Index (PPI) increased 6.2% in April year-over-year, the largest increase in the history of this measure since its inception in 2010.

Crude oil is often used as a trade to hedge against rising inflation. If this scenario unfolds, higher crude prices may spur production bringing more associated natural gas supply to the market.

Read More:

https://www.nytimes.com/2021/05/12/business/inflation-consumer-price-index-april.html

https://www.worldoil.com/news/2021/1/4/wti-crude-nears-50-as-oil-becomes-an-inflation-hedge