Natural Gas Expected to Advance Next Week on Cold Weather

Bloomberg reported that natural gas futures are expected to rise next week as an unexpected cold snap is forecast.

As quoted in the market report:

Seven of 11 analysts, or 64 percent, forecast that futures will advance on the New York Mercantile Exchange through April 5. Four, or 36 percent, said gas will decline. Last week, 50 percent of participants said gas would drop.

To view the whole Bloomberg report, click here.