Natural Gas Seen Dropping in Survey on Milder U.S. Weather
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Natural gas futures may slide next week as moderate weather subdues demand for the power-plant fuel, a Bloomberg survey showed.
Nine of 13 analysts, or 69 percent, predicted that futures will decline on the New York Mercantile Exchange through May 24. Three, or 23 percent, said gas will advance and one said prices will stay the same. Last week, 57 percent of participants said gas would decline.