Risk-off mood drags NYMEX Natural Gas 6.52% lower

Published: March 19 2023, 10:20 GMT+0

Risk-off mood drags NYMEX Natural Gas 6.52% lower

Friday at a glance: 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%.

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

Though NYMEX Natural Gas has been dropping, other Energy have been performing better: Heating Oil went up by 1.35% Friday, and closed at $2.68.

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

Back