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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).

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