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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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