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U.S. Natural Gas Futures Surged 3 Cents to $2.639 Per mmBtu
May. 22, 2012 05:17PM PST
Oil and Gas InvestingReuters reported that U.S. natural gas futures surged 3 cents to $2.639 per mmBtu over warm weather forecasts.
Reuters reported that U.S. natural gas futures surged 3 cents to $2.639 per mmBtu over warm weather forecasts.
As quoted in the market news:
At 9 a.m. EDT (1300 GMT), front-month gas futures on the New York Mercantile Exchange were up 3 cents at $2.639 per mmBtu after trading between $2.579 and $2.652. Futures have rallied nearly 40 percent since sliding to a 10-year low of $1.90 one month ago.
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