US Natgas Falls Further as Winter Cold Delays its Arrival

摘要

US November gas continued to move lower going into the weekend, falling about a dime for the week as larger-than-normal storage deliveries persist and the market wonders when winter demand will finally kick in. The contract hit a low of $3.715 per million Btu Friday, but recovered to end the week in the mid-$3.70s. But it's likely that the contract may continue to slide this week having already hit the frontmonth 2014 low, observers said.