Natural Gas May Drop as U.S. Weather Moderates, Survey Shows
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Natural gas futures may drop next week as moderating weather reduces demand for the heating and power-plant fuel, a Bloomberg survey showed.
Eleven of 15 analysts, or 73 percent, forecast that futures will decline on the New York Mercantile Exchange through May 3 26. Three, or 20 percent, said gas will advance and one predicted prices will stay the same. Last week, 64 percent of participants said gas would fall.