Risk-off mood drags NYMEX Gas 6.52% lower

Published: March 19 2023, 12:51 GMT+0

Risk-off mood drags NYMEX Gas 6.52% lower

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

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

Natural Gas's value drop coincided with the fact that after ending Friday's session at $74.7, Brent Crude Oil lost $2.17 and is trading around $72.53. Crude Oil lost 2.94% Friday and closed at $68.35.

Though US Natural Gas has been dropping, other Energy have been performing better: notably, Heating Oil rose 1.35% Friday and closed at $2.64.

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