Oil and natural gas fall on weather forecasts

Published



Oil and natural gas fell Tuesday as weather forecasts backed off previous predictions of unusually cold temperatures in March and April.

Benchmark U.S. crude for April delivery dropped 99 cents to close at $101.83 a barrel on the New York Mercantile Exchange. Natural gas futures fell 35 cents, or 6.4 percent, to $5.10 per 1,000 cubic feet. Natural gas plunged 11 percent Monday.

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