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GAZB - Natural gas hits the skids on warm winter weather outlook
Barclays Bank PLC
Natural gas futures (UNG-4%) for January delivery settled -4.4% to $2.232/MMBtu, after hitting their lowest level since August in early trading, on fears that warmer than normal winter weather will fail to drive enough demand to counter surging production.
More news on: The United States Natural Gas ETF, LP, Chesapeake Energy Corporation, Range Resources Corporation, Energy stocks news, Stocks on the move, News on ETFs,