Natural gas prices are posting their largest losses in a month Monday after warmer updates to weather models pushed traders to sell as soon as electronic trading opened. Futures for March delivery immediately dropped 4.5% at the open Sunday evening. It recently traded down 13.8 cents, or 6%, for the session at $2.16 per million British thermal units on the New York Mercantile Exchange. The market hasn’t lost more than 6% in one session since Dec. 30 and has recently seen its longest string of gains in more than a year. The market falling immediately on Sunday evening is usually a sign that traders are reacting to two days of weather updates after the market has been closed for the weekend. Government weather models across the board cut back the number of heating-degree days they were predicting, Commodity Weather Group LLC reported to clients on Sunday morning. Weather is […]