Natural Gas Futures Advance on Forecasts for Colder Weather

Bloomberg reported natural gas futures surged on anticipation of lower than normal temperature that may increase demand for the heating fuel.

As quoted in the market news:

Gas futures advanced 1.5 percent after Commodity Weather Group LLC said in its seasonal forecast yesterday that the coming U.S. winter may be the coldest in more than 10 years.

Click here to read the full Bloomberg report