Natural Gas Dropped 6.1 Percent

Oil and Gas Investing

Bloomberg reported that natural gas dropped 6.1 percent to $2.274 per million British thermal units after U.S. inventories surged more than expected.

Bloomberg reported that natural gas dropped 6.1 percent to $2.274 per million British thermal units after U.S. inventories surged more than expected.

As quoted in the market news:

On the New York Mercantile Exchange, gas futures for July delivery slid 6.1 percent to $2.274 per million British thermal units, the biggest decline since Jan. 31.

Click here to read the full Bloomberg report.

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