Oil & Gas Prices - April 15

Post Reply
dan_s
Posts: 37362
Joined: Fri Apr 23, 2010 8:22 am

Oil & Gas Prices - April 15

Post by dan_s »

Opening Prices:
> WTI is down 38c to $19.73/Bbl, and Brent is down $1.10 to $28.50/Bbl.
> Natural gas is down 1.4c to $1.636/MMBtu.

FEAR that storage will fill within a few weeks is driving down the oil price. I hate FEAR, but it is a powerful human emotion.

HOPE is better. HOPE that April is the worst of this.
Dan Steffens
Energy Prospectus Group
Post Reply