Nymex April Gas Rolls Off Board at $3.63, Lowest Expiration Since October of 2002

摘要

A glutted supply outlook and gloomy expectations for the economy saw Nymex April natural gas roll off the board at lows not seen since October 2002. In fact, the expiration in the $3.60s was the first time since that date that a natural gas prompt month futures contract settled below $4/MMBtu. Looking ahead, prices seem set for further erosion.