U.S. Natural Gas Futures Drops Only 2 Cents

Oil and Gas Investing

Reuters reported that U.S. natural gas futures slightly dropped due to milder weather forecasts in the Northeast and the Midwest.

Reuters reported that U.S. natural gas futures slightly dropped due to milder weather forecasts in the Northeast and the Midwest.

As quoted in the market news:

By 1:05 p.m. EDT (1705 GMT), front-month gas futures on the New York Mercantile Exchange were down 2 cents at $2.75 per million British thermal units after slipping early to a 6-1/2-week low of $2.715. The front month lost 3.7 percent last week.

Click here to read the full Reuters report.

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