Natural Gas Futures Declined 6.5 Cents

Bloomberg reported that natural gas futures declined 6.5 cents on concern over higher than normal temperature forecasts.

As quoted in the market news:

Natural gas for May delivery fell 6.5 cents to $1.951 per million British thermal units on the New York Mercantile Exchange, the lowest settlement price since Jan. 28, 2002. The futures have declined 35 percent this year, making gas the worst performer on the Standard & Poor’s GSCI Index of 24 commodities.

Click here to read the full Bloomberg report.