Resid/bunkers:Demand wanes on falling natgas

摘要

Falling natural gas futures Monday further dampened sentiment for demand in the low sulfur US Atlantic Coast resid grades.September NYMEX gas futures settled 97 cents lower at 6.04/MMBtu Monday,as forecasters predicted Hurricane Dean would not pose a significant threat to US Gulf of Mexico production facilities,Platts earlier reported.Meanwhile,September 1%S paper had drifted lower during the day,and settled 65 cents weaker since Friday at 52.75/b.