U.S. natural gas futures fall 2% as Nymex June contract debuts

9 articles · Updated · The Wall Street Journal · Apr 29

Nymex natural gas drops to $2.638 per mmBtu as the June contract becomes the new front-month benchmark.
Analysts note daily heating loads are expected to rise in the Upper Midwest and Northeast, potentially supporting prices in early May.
More favorable weather forecasts may help offset bearish market fundamentals that have persisted since early March, according to EBW Analytics.

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