“U.S. natural gas plummets more than 10%, following worst week since 2014”
December 6, 2021
“U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for warmer-than-expected winter temperatures. The leg lower builds on last week’s more than 24% loss, which was natural gas’ worst week since February 2014.
The contract for January delivery traded at $3.68 per million British thermal units (MMBtu) around 10:15 a.m. on Wall Street, for a decline of 10.9%… For the year, natural gas is still up 47%, on pace for the best year since 2016…”