Sep Nymex natural gas (NGU24) on Monday closed down -0.015 (-0.73%).
Sep nat-gas prices Monday extended the sharp week-long sell-off and posted a new contract low. Meanwhile, Aug nat-gas prices dropped to a 3-month low on the nearest futures chart and are hovering just moderately above the 4-year nearest-futures low posted earlier this year in March. Nat-gas prices recovered from their worst levels Monday as short-covering emerged when European nat-gas prices jumped to a 3-week high.
