Monday, 11 June 2007

Nymex Natural Gas Declines as Storage Gain, Mile Weather Ease Supply Worry

(Bloomberg) -- Natural gas in New York fell for a
third day as mild weather limited demand, allowing storage levels
of the furnace and power-plant fuel to rise and easing concern
over possible shortages later this year.

Gas for July delivery fell 6 cents, or 0.8 percent, to
$7.603 per million British thermal units at 9:52 a.m. in trading
on the New York Mercantile Exchange.


Read more at Bloomberg Energy News

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