US natgas down 2% on lower flows to LNG export plants, mild weather
Yahoo! Finance
U.S. natural gas futures fell about 2% on Tuesday on lower gas flows to liquefied natural gas (LNG) plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices. When power generators burn more gas to produce electricity to meet rising air conditioning use, there is less of the fuel available to go into storage for the peak winter heating season. Front-month gas futures for July delivery on the New York...
Continue Reading