WTI prompt month (DEC 19) was down $0.88 on the day, to settle at $54.18/Bbl.
Also, NG prompt month (DEC 19) was down $0.058 on the day, to settle at $2.633/MMBtu.
AEGIS invites you to attend its Market Fundamentals webinar next Wednesday at 10:00 AM CST. Click here to Register.
Here are some of the topics we will be discussing:
• Catalysts that could push oil out of this mid-$50s price funk
• Energy equities are not benefiting when prices rise, so how should a risk-management program adapt?
• Gas production has surged higher in the last three months, and the outlook for price has changed. A wintertime rally is still possible. To take advantage, it is necessary to have a plan.
• With the possibility of very weak gas prices in 2020, how do you know where to set the floor in your hedge portfolio?