Natural Gas Futures Advance 2.9 Cents

Bloomberg reports that natural gas futures advanced 2.9 cents on concern over possible tropical storm forecast.

As quoted in the market news:

Natural gas for September delivery rose 2.9 cents, or 1.1 percent, to $2.748 per million British thermal units on the New York Mercantile Exchange. The futures, down 8.1 percent this year, have rebounded 44 percent from a 10-year intraday low of $1.902 per million Btu on April 19.

Click here to read the full Bloomberg report.