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Energy and Power

4 Min read

OIL TO GAS RATIO REACHES 30:1, LIKELY TO SKEW FURTHER

Published On 14 Jan 2020 01:49 PM


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Natural gas traders are hoping to receive updates from the US Meteorological department. All businesses are scrutinizing the latest developments for any possible hint of a long, cold spell.

The oil to gas ratio went up to 30:1 and the proportion is likely to be skewed further over the week. It is estimated that U.S gas prices may fall to their lowest ever rates in more than a decade. The reduction in prices will be for the second con....


Tags : Natural gas, oil, Global news, Prices, US markets,
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