Monday, June 25, 2007

Nymex Natural Gas Declines on Mild Weather, Ample Inventories in the U.S.

(Bloomberg) -- Natural gas in New York fell a sixth
consecutive session on forecasts for mild weather in key demand
areas and ample supplies in storage.

``We really don't have anything that's going to make a
bullish case for this market right now,'' said Edward Kennedy, a
broker with Commercial Brokerage Corp. in Miami. ``Now we're
testing the lower end.''


Read more at Bloomberg Energy News

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