Friday, July 6, 2012

UPDATE 4-US natural gas drops nearly 6 pct, recoils from $3

* Gas finds resistance at $3, retreats
* Gas starting to lose price appeal over coal
* Cooler weather adds pressure to prices

(Adds settlement price, analyst quote)
NEW YORK, July 6 (Reuters) - U.S. natural gas futures fell
nearly 6 percent on Friday after briefly hitting $3 for the
first time since January as pressure from a forecast for cooler
weather and reduced power demand outweighed a bullish government
storage report.
The pull-back threatens to cap a nearly four-week ral

plummers culver city sofa accounting wardrobe assistant software

No comments:

Post a Comment