Monday, January 9, 2012

Natural gas prices prediction jan 10 2012

Natural gas prices prediction jan 10 2012 : Futures fell in New York. Gas for February delivery dropped 1.1 percent to $3.028 per million British thermal units on the New York Mercantile Exchange. Prices are 31 percent lower than a year ago. U.S. natural gas:

Natural gas prices dropped as meteorologists predicts that mild weather will widen the surplus of the heating fuel, and that may affect the demand on natural gas in the next few days.

Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be likely lower than average over the coming period, and that could put natural gas between gains and losses. For the latest updates on the stock market, visit Stock Market Today
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