Natural gas falls after last week's rally

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Source: Forexpros
Natural gas futures closed lower on Monday after gaining 10.5% over the last week. The gains were caused by mass natural gas production cuts in the US amid weak prices. However, the stimulus appeared to be short-living as mild weather forecasts again started to weight down on the commodity price. Natural gas April contract traded at 2.76 US Dollars per million British thermal units at the US late trade, on the New York Mercantile Exchange, losing 2.37%.


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Tue, 21 Feb 2012 09:32:57 GMT

European stocks climb ahead of Greek deal

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Tue, 21 Feb 2012 09:09:38 GMT

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