U.S. natural gas futures fell 2% on Friday on predictions that the weather over the next two weeks won’t be as cold as originally expected. Front-month Henry Hub natural gas futures for January delivery fell 13.4 cents or 2.08% to $6.598 per million British thermal units at 11:36 a.m. ET—on track for a 6% dip on the week.
Gas stockpiles are still more than 2% below the five-year average for this time of year, but the warmer weather may offer utilities—who have been struggling with the low inventories—a chance to leave more…U.S. Natural Gas Futures Slip At The End Of The Week
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