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What is the difference between natural gas and crude oil? What is the reason for the trend of natural gas?
1. Natural gas is subject to the trend of NYMEX natural gas futures, and crude oil is subject to the trend of international crude oil futures. The two products are essentially two kinds of products, which belong to the competitive relationship; As shown below, the trend of the two in the same time period is completely different;

Second, the factors that have great influence on the trend of natural gas include: supply and demand, price fluctuation of substitutes (competitive energy varieties mentioned above), cost factors, etc. , which has a great influence on the price trend; Of course, in the short term, the trend of natural gas is easily influenced by economic policies and regulations, important data and the comments of natural gas suppliers.