U.S. Natgas Prices Fall 4% to 9-Week Low on Forecasts for Less Heat, Demand

U.S. natural gas futures fell about 4% to a nine-week low on Monday on forecasts for less hot weather and lower demand over the next two weeks than previously expected. Traders also noted prices were depressed by rising output, the tremendous oversupply of gas still in storage and the slow return of the Freeport LNG … Read more