Natural Gas Slips From One-Month High on Milder Weather

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Natural gas futures slipped from a one-month high in New York as cooler weather in the central U.S. limited demand for the power-plant fuel.

Gas fell 1.4 percent. MDA Weather Services predicted below-normal temperatures from the Midwest to Texas over the next five days, with unusually high readings on the East and West coasts. Gas inventory gains topped the five-year average for the past seven weeks during a seasonal demand lull.