Advertisement
Singapore markets close in 4 hours 18 minutes
  • Straits Times Index

    3,168.91
    -18.75 (-0.59%)
     
  • Nikkei

    37,185.55
    -894.15 (-2.35%)
     
  • Hang Seng

    16,184.02
    -201.85 (-1.23%)
     
  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     
  • Bitcoin USD

    62,611.94
    +707.62 (+1.14%)
     
  • CMC Crypto 200

    1,285.71
    +400.17 (+43.91%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,402.40
    +4.40 (+0.18%)
     
  • Crude Oil

    84.58
    +1.85 (+2.24%)
     
  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     
  • FTSE Bursa Malaysia

    1,550.83
    +6.07 (+0.39%)
     
  • Jakarta Composite Index

    7,063.10
    -103.72 (-1.45%)
     
  • PSE Index

    6,411.73
    -111.46 (-1.71%)
     

Will Trade Based on Buying Natural Gas and Selling Oil Unwind?

Will Trade Based on Buying Natural Gas and Selling Oil Unwind?

With the production cut agreement that’s set to be implemented in 2019, US crude oil’s downside could be limited. Traders think that the recent flow of funds from oil to the natural gas market might stop, which could be a negative development for natural gas prices.