US Natural Gas Futures Settle About 2% Lower on Milder Weather Forecasts
US natural gas futures settled down about 2% Monday as forecasts pointed to milder weather and less demand next week than previously expected. Falling daily output and higher gas flows to LNG exports limited losses.
S. natural gas futures settled about 2% lower on Monday as forecasts pointed to milder weather and lower demand next week than previously expected. The decline was limited by a continued fall in daily output to a four-month low and increased daily gas flows to liquefied natural gas export plants.