Natural Gas Recedes After 7 Sessions of Gains

The Wall Street Journal reported that natural gas prices have come down following seven-straight days of gains. Pushing the prices down were traders who had bet on higher prices cashing in their profits.

According to the WSJ:

Natural gas for January delivery fell 3.8 cents, or 0.96%, to $3.916 a million British thermal units on the New York Mercantile Exchange. Price settled at $3.954/mmBtu Friday, their highest price since March, capping off a 10.4% gain for the month of November.

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