Natural Gas Posts Biggest Weekly Drop

- May 6th, 2011

Bloomberg reports that natural gas futures witnessed the biggest weekly drop in more than eight months.

Bloomberg reports that natural gas futures witnessed the biggest weekly drop in more than eight months.

The market news is quoted as saying:

Gas dropped 9.9 percent this week, the most since the five- days ended Aug. 27, after the Energy Department said inventories increased by 72 billion cubic feet last week, above the 67 billion analysts estimated. Commodities slid the most in 31 months yesterday and extended declines today.

Click here to access the entire news

Leave a Reply