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Canadian Natural Gas Falls on Forecasts for Higher Temperatures
Nov. 18, 2011 04:33PM PST
Oil and Gas InvestingBloomberg reported that Canadian natural gas for December delivery declined due to U.S. stockpiles and warm weather forecasts across U.S.
Bloomberg reported that Canadian natural gas for December delivery declined due to U.S. stockpiles and warm weather forecasts across U.S.
As quoted in the market news:
Alberta gas for December decreased 11.25 cents to C$3.0875 per gigajoule ($2.85 per million British thermal units) as of 3:15 p.m. New York time, according to NGX, a Canadian Internet market. January gas dropped 11.25 cents to C$3.145.