Natural Gas Futures Advance in New York

Bloomberg reports that natural gas futures advanced for the fourth time in five days in New York.

The market news is quoted as saying:

Gas futures advanced 0.4 percent after forecasters including MDA EarthSat Weather predicted above-normal temperatures in the Northeast and South from May 23 through May 27. Prices dropped yesterday on a report showing U.S. industrial production unexpectedly stalled in April.

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