Oil and Natural Gas: The Anomaly Continues

Filed under: Forecasts, Commodities, Oil

If, as an investor, you're surprised by the ongoing anomaly in the oil/natural gas relationship, you're not the only one.



The background: Oil historically trades at about 8 times the price of natural gas. Currently it's trading at 25.8 times natural gas. About three months ago, the ratio was 20.



In late Tuesday afternoon trading, oil (West Texas Intermediate) was up $3.60 to $100.578 per barrel, while natural gas was down 16 cents to $3.88 per million British thermal units (MMBtu).

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Oil and Natural Gas: The Anomaly Continues originally appeared on BloggingStocks on Tue, 01 Mar 2011 18:00:00 EST. Please see our terms for use of feeds.

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