The Traderszone Network

Published in TZ Latest News 22 December, 2014 by The TZ Newswire Staff

NatGas Crashes Most In 10 Months As Polar Vortex Arrival Delayed

Natural Gas prices are down over 11.5% in the last 2 days, falling to their lowest price since January 2013, as a familiar tale of excess production in the face of ebbing demand looms large. As WSJ reports, BNP Paribas’ Teri Viswanath notes “the delayed return of cold weather has simply curbed all buying interest,” and this was exaggerated by technical selling as the market broke previous support around 3.50.

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