The Traderszone Network

Published in TZ Latest News 10 November, 2014 by The TZ Newswire Staff

Natgas Drops On Forecast Of Warmer Weather

Natural gas futures dropped in New York for the first time in 10 days, retreating from a four-month high, on speculation that moderating cold later this month will limit heating demand. The government’s Global Forecast System midday update showed easing frigid weather east of the Rocky Mountains 11 to 15 days from now, said MDA Weather Services. Gas prices jumped as much as 28% from an 11-month low on Oct.

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