US Natural Gas Jumps as Cooler Forecasts Trigger Short Covering
· bloomberg.com · popularity 40/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
US natural gas futures rose as much as 5.8% after forecasts shifted over the weekend to show substantially cooler weather across the Atlantic seaboard. Cooler outlooks signal higher demand for the furnace fuel as the winter heating season gets underway.
Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 2.