gas is buried with oil, they come together, if oil rises, then gas does too caus proportionally they are worth the same compared to each other (supply and demand)
add to that if people use less oil, then they use more gas, as heaters use both vehicles can use both (there are busses out there running on gas in london) so if oil prices rise, then people will switch to gas heaters, thus demand rises and so does priceWhy would BG benefit from rising oil prices?
Gas prices are fixed in a peculiar way to the price of oil.Daft l know,but they do move in tandem in the commodities marketsWhy would BG benefit from rising oil prices?
gas prices tend to follow oil prices
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