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Barchart
Barchart
Rich Asplund

Sep Nat-Gas Prices Fall to Contract Low on Inventory Concerns

Sep Nymex natural gas (NGU24) on Friday closed down -0.021 (-1.01%), posting the fourth consecutive decline.

Sep nat-gas prices on Friday extended the sharp 4-session sell-off and posted a new contract low.  Meanwhile, Aug nat-gas prices fell to a new 2-3/4 month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures low posted earlier this year in March.

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