U.S. Natural Gas Futures Fell 7.9 Cents

Reuters reported that U.S. natural gas futures dropped 7.9 cents due to concern over record high supplies.

As quoted in the market news:

At 1:20 p.m. EST, the front-month gas futures contract on the New York Mercantile Exchange was down 7.9 cents, or 3 percent, at $2.471 per million British thermal units after trading between $2.452 and $2.618.

Click here to read the full Reuters report.