Open Demo Account
Home / Market Update / Commodities / Natural Gas Futures Record Largest Decline in 2021

Natural Gas Futures Record Largest Decline in 2021

M. Ali 20 January, 2021 1:02 am Commodities, Market Update

Natural gas prices fell sharply on Tuesday, seeing their biggest decline since the beginning of the year, and closing at their lowest level year-to-date.

This comes amid an expected decline in the demand for heat fuel compared with the usual levels in previous winters.

Natural gas futures for February delivery dropped by 7% to close at $2.546 per million British thermal units (MBTU).

Tags

Check Also

Britain’s Economy Rebounds in Q1, But Long-Term Growth Woes Cloud Election Outlook

Key Points: Stronger Rebound: Britain’s GDP grew by 0.7% in Q1 2024, exceeding initial estimates, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends