Natural Gas Prices Rise Amid Cooler US Weather Forecasts

Reported 2 days ago

Natural gas prices increased on Monday due to predictions of cooler temperatures across the US, which may enhance heating demand. Prices settled up by 0.99%, following a report of lower-than-expected increases in gas storage, contributing to optimistic market conditions. Meanwhile, US natural gas production remains close to record highs, with a rising number of active drilling rigs.

Source: YAHOO

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