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Page added on April 9, 2006

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Natural gas closes at 10-month low

Natural-gas futures closed Friday at their lowest level since May, scoring a decline of more than 6% for week as lofty U.S. inventory levels helped put a damper on prices for a second-straight session.

Crude-oil futures also fell, reflecting expectations that key oil producers won’t cut production when they meet in June as well as speculation that some Nigerian production halted due to violence in a key oil-producing region could soon be resumed.

MarketWatch



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