Natural Gas Futures Dropped 3 Percent

Reuters reported that natural gas futures dropped 3 percent due to mild late-winter weather.

As quoted in the market news:

The spot contract has tumbled nearly 16 percent so far this month, and few traders expect much upside in the near term, with winter demand fading, production at or near all-time highs and inventories likely to end the season at a record high.

Click here to read the full Reuters report.