By FX Empire.com

Natural gas prices fell for the first time in five days on Monday amid forecasts of above-than-average weather conditions in the United States later this week, which led to speculations of easing demand for natural gas as a heating fuel, and accordingly, natural gas prices dropped.

Traders are likely to continue to focus on weather developments, where weather forecasts suggest temperatures will be higher than average over the coming period, and that could put negative pressure on natural gas prices.

Originally posted here