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Reuters reported that U.S. natural gas futures surged almost 5 percent on concern over production cuts.
Reuters reported that U.S. natural gas futures surged almost 5 percent on concern over production cuts.
As quoted in the market news:
Front-month March natural gas futures on the New York Mercantile Exchange rose 11.7 cents, or 4.56 percent, to settle at $2.684 per million British thermal units, after climbing as high as $2.733, above the 40-day moving average near $2.71.