Oil & Gas Prices - Mar 18

[dan_s]

Opening Prices:
> WTI is down $2.33 to $24.62/Bbl, and Brent is down $1.28 to $27.45/Bbl.
> Natural gas is down 9.7c to $1.632/MMBtu.

Closing Prices:
>WTI prompt month (APR 20) was down $6.58 on the day, to settle at $20.37/Bbl.
> NG prompt month (APR 20) was down $0.125 on the day, to settle at $1.604/MMBtu.

Silver Lining: Lower gasoline prices will help consumers.

[dan_s]

If you think you are having a bad day. Saudi Arabia is loosing close to $300 million per day.
I wonder how the Aramco share holders feel about MBS's knee jerk reaction to get into a price war with Russia.