(Bloomberg) -- Natural gas in New York fell to a
three-month low as adequate storage eased concern over potential
supply shortfalls later this year and as analysts forecast lower
prices.
``There has yet to be an extended period of very hot weather
that is needed to really boost cooling demand and put a dent in
storage,'' Michael Fitzpatrick, vice president for energy risk
management at Man Financial Inc. in New York, said in note.
Read more at Bloomberg Energy News
three-month low as adequate storage eased concern over potential
supply shortfalls later this year and as analysts forecast lower
prices.
``There has yet to be an extended period of very hot weather
that is needed to really boost cooling demand and put a dent in
storage,'' Michael Fitzpatrick, vice president for energy risk
management at Man Financial Inc. in New York, said in note.
Read more at Bloomberg Energy News
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