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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Slump on Risk-Off Sentiment in Asset Markets

United States Nymex BNEF Natural Gas

May Nymex natural gas (NGK25) on Monday closed down -0.182 (-4.74%).

May nat-gas prices on Monday fell to a 7-week low and settled sharply lower.  Trade war concerns hammered global equity markets on Monday and sparked risk-off sentiment in asset markets, undercutting nat-gas prices.  Also, ramped-up US nat-gas output is weighing on prices as US nat-gas production on Monday rose +5.1% y/y.

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