Something to keep in mind is that US natural Gas companies actually increased in stock value on Friday after the OPEC announcement. The thought is that the drop in oil price is substantial enough to remove un-economical shale oil companies that produce gas as a by-product. With these companies gone or reducing production, natural gas might have somewhat of a recovery. Will SXY share drop like a rock on Monday?? Absolutely! But it is not all doom and gloom.
https://www.bloomberg.com/news/articles/2020-03-06/plunging-oil-prices-might-be-just-what-u-s-gas-drillers-needed
SXY chart, page-91
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