financetom
Business
financetom
/
Business
/
Natural Gas Falls Again as Spring Weather Keeps Demand Light
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Natural Gas Falls Again as Spring Weather Keeps Demand Light
May 25, 2025 8:06 PM

09:27 AM EDT, 04/28/2025 (MT Newswires) -- Natural gas fell for a third session early on Monday, dropping to a near six-month low on weak spring demand.

Gas for May delivery was last seen down US$0.04 to US$2.90 per million British thermal units, the lowest since Nov.8.

The price of the fuel has dropped 29% over the past month as mild spring weather cuts into demand for the fuel, while traders await the arrival of summer heat that will boost cooling demand.

Long-term forecasts from the National Weather Service offer scant comfort for traders looking for that demand boost. The National Weather Service's six to 10 day outlook sees temperatures in the big markets of the Northeast and Upper Midwest with seasonal or cooler temperatures over the period.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Panama ships part of stockpiled copper out of closed First Quantum mine
Panama ships part of stockpiled copper out of closed First Quantum mine
Jun 30, 2025
PANAMA CITY, June 30 (Reuters) - More than a quarter of the copper concentrate stockpiled at First Quantum Minerals' ( FQVLF ) Cobre Panama mine since it was closed in late 2023 has been shipped from the site, Panamanian officials said on Monday. The removal of 33,000 metric tons out of a total of 120,000 tons left at the site...
Top financial industry group urges scrutiny of IEX's options exchange proposal
Top financial industry group urges scrutiny of IEX's options exchange proposal
Jun 30, 2025
June 30 (Reuters) - A top U.S. financial industry group has raised concerns over stock exchange IEX's proposal to launch a new options trading platform, urging regulators to scrutinize whether the plan meets market fairness and transparency standards. IEX has proposed an options exchange that would introduce a 350-microsecond pause on trades, designed to prevent ultra-fast traders from exploiting brief...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Bombardier secures $1.7 billion aircraft order with service deal
Bombardier secures $1.7 billion aircraft order with service deal
Jun 30, 2025
(Reuters) -Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027. Bombardier said the customer, who has chosen to remain anonymous, would hold 70 new aircraft purchase options, which, if exercised, would increase the combined value of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved