June’s Nymex natural gas (NGM23) experienced a decline of -0.091 (-3.79%) on Thursday. As updated weather predictions across the United States turned cooler, natural gas prices experienced a 1-1/2 week low and closed substantially lower. This is due to a decrease in demand for natural gas from electricity suppliers who use it to power air conditioning units. Forecaster Atmospheric G2 reported that temperatures throughout the eastern…
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Natural Gas Prices Decline as American Weather Predictions Indicate Cooler Temperatures
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