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Last Updated : Sep 21, 2011 08:04 PM IST | Source: Forexpros.com

Natural gas futures fall to 6-month low on U.S. demand outlook

Natural gas futures fall to 6-month low on U.S. demand outlook

Forexpros - Natural gas futures were down for a second day on Wednesday, falling to a six-month low as mild autumn weather continued to pressure prices lower.

On the New York Mercantile Exchange, natural gas futures for October delivery traded at USD3.758 per million British thermal units during U.S. morning trade, tumbling 1.05%.

It earlier fell as much as 1.29% to trade at USD3.736 per million British thermal units, the lowest price since March 7.

The Commodity Weather Group said in a report on Tuesday that it expected seasonably-normal temperatures across most parts of the U.S. Midwest, East Coast and South through late September.

First Published on Sep 21, 2011 08:04 pm
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