Natural-gas futures drop by nearly 7%; U.S. oil prices settle slightly higher

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Natural-gas futures suffered a drop of almost 7% on Thursday, with prices pressured by recent reports Russian President Vladimir Putin ordered Gazprom to send more natural gas to Europe next month. Oil futures, meanwhile, finished with a modest gain, a day after losing more than 2% on news that Iran may soon renew talks with world powers on a nuclear deal. December natural gas NGZ21, -0.26% fell 42 cents, or 6.7%, to settle at $5.782 per million British thermal units. West Texas Intermediate crude for December delivery CLZ21, -0.45% rose 15 cents, or 0.2%, to settle at $82.81 a barrel on the New York Mercantile Exchange.

This article was originally published by Marketwatch.com. Read the original article here.

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