1520 ET - U.S. natural gas futures post their biggest weekly loss in three years as the market pulls back from a weather-driven high. Nymex gas settles at $4.113/mmBtu, down 22% from $5.29 a week ago. Last week's spike came as early December sees some of its coldest weather in years, although forecasts have turned milder for the second half of the month. "We had no business being up there," says long-time natural gas trader John Woods. "People got caught up top. They expected a follow-through and it didn't happen." Prices in the low $4s look appropriate following the correction, Woods says. But "with January coming around you're not selling below $4. You could wind right back up there if we get one of those polar vortexes like we had years ago."(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
December 12, 2025 15:20 ET (20:20 GMT)
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