On Thursday, the price of June Nymex natural gas (NGM23) decreased by -0.126 (-5.46%). On Friday, the price continued to drop, reaching a 2-week low before closing significantly lower. The reduction in demand for natural gas from electricity providers due to the warm seasonal U.S. temperatures that lower the need for air conditioning has caused pressure on natural gas prices. The Commodity Weather Group has…
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Natural Gas Prices Decrease Due to Warm U.S. Weather
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