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“U.S. natural gas plummets more than 10%, following worst week since 2014”

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…”

https://www.cnbc.com/2021/12/06/us-natural-gas-plummets-more-than-10percent-following-worst-week-since-2014.html

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