US Natural Gas Futures Rise 3.1 Cents

Reuters reported that US natural gas futures rose 3.1 cents to $2.908 per million British thermal units.

As quoted in the market news:

Gas prices, which hit a 7-1/2-month high of $3.277 per mmBtu early last week, lost 10.5 percent in the previous four sessions, as milder forecasts and bearish weekly inventory data drove futures to their biggest four-day drop in two months.

Click here to read the full Reuters report.