AlwaysFree: American Chemistry Council (ACC) Weekly Chemistry & Economic Trends (March 31, 2023) - Energy

According to American Chemistry Council (ACC) Weekly Chemistry & Economic Trends report on March 31, 2023, oil prices moved higher this week as the dollar continued to rise to its highest level in nearly a year. Natural gas futures were slightly higher than a week ago but remain quite low (just over $2/mmbtu) as the winter heating season is winding down with mild temperatures forecast for April. Natural gas inventories continue to be drawn down, though the pace of withdrawals is slowing with the arrival of spring. The combined oil and gas rig count rose by four to 755.