Natural gas drops as winter near to end

Source: Bloomberg
© Scanpix/Reuters
Natural gas futures dropped to the lowest settlement in six weeks in New York amid speculation that demand will decrease with milder weather forecast. Natural gas for delivery in April dropped 11.7 cents to $4.492 per one million of  Btu on the NYMEX, the lowest price since Jan. 21. The futures  dropped 25% in the prior week, making the biggest one-week loss since 1996 and the first monthly decline in five months. 

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