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US natgas plunges 15% on less cold forecasts, biggest drop in 8 months

Por: CNBC Business March 06, 2023

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U.S. natural gas futures plunged by about 15% on Monday - its biggest one-day drop in over eight months —on forecasts for much less cold weather and heating demand than previously expected over the next two weeks.That price drop came after the contract soared about 9% to a five-week high on Friday as gas flows to U.S. liquefied natural gas (LNG) export plants jumped to a record high with Freeport LNG's export plant in Texas ramping up... + full article



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