Natural Gas Ends up 4 Percent, Cold Temperature Stir Buying

Energy Investing

Reuters 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.

Click here to read the full Reuters Africa report

The Conversation (0)
×