Wednesday, March 18, 2020

Price Action In The Hydrocarbon Complex: Borderline Incomprehensible

One thing that is comprehensible is the Saudi (and Putin's) long-cherished goal of bankrupting the U.S. Exploration & Production industry is fast approaching.

West Texas Intermediate futures:
$22.80 down $4.15 (15.40%)

Henry Hub Natural Gas futures:


$1.6080 down 0.1210 (7.00%)