Prices for Natural Gas Futures Continue to Fall

Investing.com reported that natural gas futures fell to a three week low Thursday. The drop followed the release of U.S. data indicating that supplies of LNG increased more than expected over the previous week.

As quoted in the publication:

On the New York Mercantile Exchange, natural gas for delivery in June traded at $4.603 per million British thermal units during U.S. morning hours, down 2.9%, or 13.8 cents. Futures traded at $4.687 prior to the release of the supply data. Natural gas futures fell to a session low of $4.591 per million British thermal units earlier in the day, the weakest level since April 17. The June contract lost 1.23%, or 5.9 cents, on Wednesday to settle at $4.740 per million British thermal units.

Click here to read the full Investing.com article.