Risk-off mood drags NYMEX Gas 6.52% lower

Published: March 19 2023, 07:20 GMT+0

Risk-off mood drags NYMEX Gas 6.52% lower

A quick look at Friday: Natural Gas dips 6.52% to close at $2.35 per MMBtu Friday.

US Natural Gas is now trading 63.16% below its 3-month high of $9.68.

Natural Gas's value drop coincided with the fact that Brent Crude Oil lost 2.9% Friday and closed at $74.7. Crude Oil retreats 2.94% Friday and closed at $68.35.

Though Natural Gas has been dropping, other Energy have been performing better: Heating Oil is trading around $2.68 after ending Friday's session at $2.64 (up 1.35% today).

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