Natural Gas Drops 4.5 Percent to Two-Year Low
Investing News Network - January 16th, 2012
Bloomberg reported that natural gas futures plunged 4.5 percent falling to a two-year low.
Bloomberg reported that natural gas futures plunged 4.5 percent falling to a two-year low.
As quoted in the market news:
Natural gas for February delivery fell 12 cents to $2.555 a million British thermal units on the Nymex and traded as low as $2.54, the lowest since Sept. 4, 2009. Futures have declined more than 16 percent in the past six days, the largest drop since November 2006.