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Natural Gas Ends up 4 Percent, Cold Temperature Stir Buying
Oct. 28, 2011 01:53PM PST
Oil and Gas InvestingReuters Africa reported that U.S. natural gas futures surged 4 percent as cold weather has stirred up heating demand.
Reuters Africa reported that U.S. natural gas futures surged 4 percent as cold weather has stirred up heating demand.
As quoted in the market news:
Prices often stage a seasonal rally heading into winter, but despite the season’s first hint of real cold, traders said they expected growing inventories and record-high domestic gas production to limit the upside this
year.