Natural Gas Futures Rise Near Seven-Week High on Colder Weather

Bloomberg reports that natural gas futures surged to the highest price in seven weeks.

The market news is quoted as saying:

Gas gained 1.9 percent as the U.S. Climate Prediction Center in Camp Springs, Maryland, said the eastern half of the U.S. has a strong probability of being cooler than normal through April 5. Hundreds of flights were canceled from Chicago to New York today as a storm dropped snow from Montana to the Atlantic.

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