Stoutly

Natgas Ignores Oil’s Gains; August Sheds 14.6 Cents

Natural gas futures gave up almost all of Tuesday’s gains and settled stoutly lower Wednesday in active trading on the New York Mercantile Exchange. The floor was abuzz with talk of the August contract moving sharply lower, and one set of estimates surfaced that put Thursday’s expected storage addition ahead of long-term averages.

July 16, 2009