A revised forecast calling for warmer weather pulled the January contract 4.4% lower Monday to close in the low $2.20s per million Btu, adding to Friday's 3.8% plunge.

摘要

“Despite a near-term shot of cold that will boost heating demand in the Midwest and East in the middle of this week, weather forecasts haven’t held on to any sustained colder-than-normal period so far in December,” Gelber & Associates analyst Daniel Myers said. “With production only slightly off recent highs, supply continues to add to storage on a weather-adjusted basis and has eased any concern that the market will run short in coming months.”