Natural gas little changed on thaw forecast

Source: Blooberg
Gas for December contract dropped 0.6% to US$3.783 per million BTU as of 10:32 a.m. in New York, after weather forecasters said the temperatures in the eastern part of U.S. will be below-normal, thus reducing demand for natural gas as a heating fuel. The prices for gas advanced to US$3.789 yesterday, heading for highest level since October 15, while trading amount was 7.2% lower than 100-day average.

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