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Rich Asplund

UNBELIEVABLE: Nat gas prices fall in sympathy with declines in crude oil - Caught on Camera

Oil United States April Nymex Natural Gas BNEF EIA Strait of Hormuz

April Nymex natural gas (NGJ26) on Monday closed down -0.108 (-3.45%).

Nat-gas prices fell sharply on Monday amid negative carryover from a -5% plunge in crude oil prices on hopes that the Strait of Hormuz can soon be reopened to maritime traffic.  Also, a mixed US weather report weighed on nat-gas prices on Monday, as the Commodity Weather Group said above-average temperatures are expected across the western half of the US through March 25, potentially curbing nat-gas heating demand.  

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