Markets

Natural Gas Futures Pull Back as April Cold Seen Easing; Spot Prices Mixed

Natural gas futures bulls ran out of steam Tuesday after a string of consecutive daily gains as forecasters were calling for supportive April cold to moderate by next week. Spot prices were mixed, with a few Midwest points strengthening on calls for spring snow as much of the Northeast eased off Monday’s weather-related gains; the NGI National Spot Gas Average dropped 9 cents to $2.92.

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