Natural Gas Prices Slide As Bearish News Continues To Mount ...Middle East

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Natural Gas Prices Slide As Bearish News Continues To Mount
source : OILPRICE ( Middle East ) () 31
The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.  At 4:25 PM CT, front-month natural gas futures had fallen below $6 per MMBtu, trading at $5.865 per MMBtu, some 4.45% lower than at the beginning of the trading session. Forecasts for less cold weather in late November have fueled a crash in natural gas prices, but there are plenty more reasons to be bearish about the commodity. Mild temperatures at the start of the heating season in the U.S.…

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