February US Natgas Dips Below $3

摘要

US natural gas futures prices continued their retreat last week as market realities pulled the props from under bullish storage fundamentals.The contract traded much of the week below $3 per million Btu for the first time since late September and sank as low as $2.878 on Thursday - more than $2 below its mid-November peak amid a flurry of technical short-covering.