Oil & Gas end of day prices - Jan 2
Posted: Thu Jan 02, 2020 6:02 pm
WTI prompt month (FEB 20) was up $0.12 on the day, to settle at $61.18/Bbl.
In contrast, NG prompt month (FEB 20) was down $0.067 on the day, to settle at $2.122/MMBtu.
We definitely need a "Cold Blast" to chew up some natural gas inventory. AR and RRC have a lot of their production hedged at much higher prices.
In contrast, NG prompt month (FEB 20) was down $0.067 on the day, to settle at $2.122/MMBtu.
We definitely need a "Cold Blast" to chew up some natural gas inventory. AR and RRC have a lot of their production hedged at much higher prices.