Prices for natural gas fell to a near six-month low early this week following forecasts for lower summer temperatures. On July 9, contracts for August gas traded as low as at $4.17 per thousand cubic feet (Mcf) on the New York Mercantile Exchange.

“Cooling patterns expected to hit the Midwest and Northeast over the next six to 10 days have investors betting utilities won't need to burn as much natural gas in the weeks ahead, as summer demand for electricity to run air conditioners eases,” the Wall Street Journal reported on Monday.

Natural ga...


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