NEW YORK—Natural-gas futures plunged 5.8% to a fresh 10-year low Thursday after the U.S. government reported a larger-than-expected increase in natural-gas inventories, as demand remained weak amid surging production. In a separate report, the government said natural-gas output rose to an all-time high in January.
Natural Gas Slides to 10-Year Low - Can You Hear Me Screaming Now!
NEW YORK—Natural-gas futures plunged 5.8% to a fresh 10-year low Thursday after the U.S. government reported a larger-than-expected increase in natural-gas inventories, as demand remained weak amid surging production. In a separate report, the government said natural-gas output rose to an all-time high in January.