Natural Gas May Decline on Outlook for Milder U.S. Weather
This article is for subscribers only.
Natural gas futures may fall next week on speculation that the weather won’t be cold enough to reduce a supply glut of the heating fuel.
Eight of 14 analysts in a Bloomberg survey, or 57 percent, said futures will decline on the New York Mercantile Exchange through Feb. 8. Five, or 36 percent, predicted gas will rise and one said prices will stay the same. Last week, 54 percent of participants said gas would advance this week.