US Natgas Prices Drop 4% to Nine-Month Low on Record Output, Cooler Weather

(Reuters) – U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower demand through early September than previously expected. Another factor weighing on gas prices was a decline in the amount of gas flowing to liquefied natural … Read more