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    market news

    Canadian Natural Gas Surged 3.9 Percent

    Investing News Network
    Apr. 27, 2012 07:58PM PST
    Oil and Gas Investing

    Bloomberg reported that Canadian natural gas surged 3.9 percent due to warmer-than-normal U.S. weather forecasts.

    Bloomberg reported that Canadian natural gas surged 3.9 percent due to warmer-than-normal U.S. weather forecasts.

    As quoted in the market news:

    Alberta gas for May delivery rose 6 cents to C$1.62 a gigajoule ($1.55 per million British thermal units) as of 3:40 p.m. New York time on NGX, a Canadian Internet market. June gas gained 7.25 cents, or 4.5 percent, to C$1.68 per gigajoule.

    Click here to read the full Bloomberg report.

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