Oil & Gas Prices - April 15
Posted: Wed Apr 15, 2020 8:19 am
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.
> 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.