Friday, April 1, 2016

Natural Gas Market Update : Epic Research Singapore

May natural gas NGK16, +0.10%  fell by 3.7 cents, or 1.9%, to $1.959 per million British thermal units after trading above the $2 mark before the supply data. For the quarter, prices lost over 16%, but they gained over 14% for the month.

The April contracts for the petroleum products, meanwhile, expired at the settlement. April gasoline RBJ6, -1.59%  ended at $1.427 a gallon, down a penny, while April heating oil HOJ6, +1.52%  added 2.5 cents, or 2.2%, to $1.185 a gallon. Based on the most-active contracts, gasoline prices were up over 13% and heating oil saw a gain of about 5.5% for the quarter.

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