Natural-gas Futures Settle At Lowest Since 2012

Natural-gas futures settled on Monday at their lowest level since 2012, based on most-active contracts, as traders bet on lower demand and higher production. Data released Friday from Baker Hughes showed a weekly increase in U.S. rigs actively drilling for natural gas. Oil futures, meanwhile, settled lower, extending losses from Friday. May natural gas , which expires on Tuesday, settled at $2.49 per million British thermal units on the New York Mercantile Exchange, down 4.1 cents, or 1.6%. June oil fell 16 cents, or 0.3%, at $56.99 a barrel on Nymex.