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Natgas Futures Tumble In Early Trading But Recover

The reaction to the oil price collapse dragged gas for April to $1.61, the lowest since 1998.

Diamondback expects to drop two rigs in April and a third later in the second quarter. The company will also cut completion crews to six from nine.

Volatility remains in stock markets as coronavirus cases rise and oil giants start a supply war.

The company plans to spend between $30 billion and $35 billion a year through 2025.

UK high street department store John Lewis is launching a strategic review of its business following a full-year profit tumble of 23% year-on-year.

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