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US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring.
March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low.
Weather forecasts...
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