Risk-off mood drags Natural Gas 6.52% lower

Published: March 19 2023, 19:31 GMT+0

Risk-off mood drags Natural Gas 6.52% lower

A quick look at Friday: Natural Gas ended Friday at $2.35 per MMBtu following from closing Thursday at $2.51. Overall, this represents a loss of 16.4 cents or 6.52%.

Natural Gas's value drop coincided with the fact that Brent Crude Oil decreases 2.9% Friday and closed at $74.7. Crude Oil is down to $66.34, losing $2, after ending the previous session around $68.35.

Positive performances can be seen by looking at other Energy markets as Heating Oil went up by 1.35% Friday, and closed at $2.68.

Natural Gas has shed 63.16% over the past three months.

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