Is $73/bbl Crude Oil the “tell” for rising Natural Gas prices?
Historically, crude oil trades around 8-10 times the price of natural gas…it’s trading at about 18 TIMES!!! If you believe crude oil is fairly priced at $73 bbl, and the multiple contracts, we could see 7.30 MCF on nat gas, which means a profit of about $31,000 per ONE contract of Natural Gas; if you’re willing to risk $5,000 this may be the next hot trade. Time will tell.
Duration : 0:8:43
So we’re in …
So we’re in agreement, mustfarhan! i like that term “slow bubbling process”. I hope you’ve made some money on the recent run in nat gas, which is still at a relatively high multiple (about 14 x) to crude oil.
i am 1000% agree …
i am 1000% agree that natural gas too much potential than most of analyst have ever imagined.. it will rocket, you can say it will show a slow bubbling process..
very calm analysis
very calm analysis