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Canadian Natural Gas Rebounds on Cooler Temperatures, Short Supply
Mar. 25, 2013 06:33AM PST
Resource Investing
The Financial Post reported that Canadian natural gas prices are rallying to a 16-month high, given momentum by cooler temperatures and low supply
The Financial Post reported that Canadian natural gas prices are rallying to a 16-month high, given momentum by cooler temperatures and low supply.
As quoted in the market report:
Canadian benchmark natural gas prices shot up to $3.47 per gigajoule,, according to energy data provider NGX. The last time prices traced that level was 16 months ago, on November 2011.