Natural Gas Prices Continue To Gush As Production Declines


Photo: kenlodge13 via flickr

Natural gas prices built on yesterday’s gains, as news of the EIA’s report showing production declines works its way through markets.The NYMEX prices for June natural gas prices settled up 3.57 per cent at $2.37 on Tuesday.

Chesapeake and Halliburton led drillers at 7 per cent and 2.5 per cent respectively.

Oil was also higher at 1.12 per cent to reach $106.03.

SEE MORE: Morgan Stanley’s Guide To Investing In Natural Gas

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