The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.
The April natural gas contract dropped 11.5¢ to a rounded $4.37/MMbtu. On the US spot market, the gas price at Henry Hub was a rounded $4.37/MMbtu, losing 8.5¢.
Heating oil for April delivery was up about 2.03¢ to a rounded $2.92/gal. Reformulated gasoline stock for oxygenate blending for April delivery gained 2.67¢ to a rounded $2.90/gal.
In London, the May ICE contract for Brent crude delivery tallied 60¢, closing at $106.45/bbl. The June contract increased 57¢ to $106.24/bbl. The ICE gas oil contract for April increased $1.75 to $888.75/tonne.
The Organization of Petroleum Exporting Countries reported its basket of 12 benchmark crudes was $102.37/bbl on Mar. 20, a 79¢ decline.