Tuesday, April 5, 2011

Natural Gas Daily Outlook for April 06, 2011

Natural gas prices extended their drop for a third consecutive day, where warmer than normal weather conditions reduced demand for heating oil, and accordingly, pushing natural gas prices lower.

Expectations signal that weather conditions will remain warmer than normal for this time of the year in the mid-Atlantic region, and that should continue to push natural gas prices lower.

(Source: http://www.commoditiesmansion.com/commodities-news/natural-gas-daily-outlook-for-april-06-2011/)

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