Natural Gas Futures Extend Losses as Market Grows ‘Impatient’ for More Intimidating Weather – Natural Gas Intelligence
After falling 30.5 cents mid-week, natural gas futures continued to slide on Thursday as traders failed to maintain initial momentum following the latest government inventory data. With midday weather patterns adding further decline to the supply/demand balance, the January contract settled at $6.738/MMBtu, down 19.2 cents day/day. February futures slid 18.7 cents to $6.631. In …