Natural Gas Futures to Advance on News of Colder Weather

Bloomberg reported that natural gas futures are expected to advance next week with looming colder weather in the U.S.

As quoted in the market report:

Four of nine analysts, or 44 percent, said that futures will rise on the New York Mercantile Exchange through Dec. 21. Three, or 33 percent, said gas will drop and two predicted prices will stay the same. Last week, 55 percent of participants said gas would fall this week.

To view the whole Bloomberg report, click here.