Gas Drops to Six-Week Low

The Wall Street Journal reported that natural gas futures fell to their lowest level since April, a six-week low.

As quoted in the market news:

Natural-gas futures settled at their lowest level in six weeks Monday, as traders weigh warming temperatures against the massive amount of natural gas held in storage.

Natural gas for July delivery settled 8.1 cents, or 3.5%, lower at $2.218 a million British thermal units on the New York Mercantile Exchange, the lowest settlement price since April 27.

Click here to read the full report from The Wall Street Journal.