US Natgas Prices Fall 5% to 12-Week Low on Near-Record Output, Lagging LNG Exports

U.S. natural gas futures fell about 5% to a 12-week low on Wednesday on near-record output, stagnant gas flows to liquefied natural gas (LNG) export plants, and ample amounts of gas in storage. Front-month gas futures for August delivery on the New York Mercantile Exchange fell 17.5 cents, or 5.4%, to settle at $3.077 per … Read more