Gas stocks tumble in crude oil crash
March 09, 2020
Stocks of gas compressor and pipeline companies plunged today, dragged down by a 25% freefall in crude oil prices.
Benchmark Henry Hub gas futures closed 11 cents higher at US$1.82 per MMbtu. It had drifted down from US$2.33 per MMbtu early last December due to oversupply and warmer weather.
West…
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