US Natural Gas Futures Rise on Oil Price Gain, Lingering Cold
US natural gas futures rose on a cold shift in weather forecasts, indicating higher demand for the heating and power-plant fuel even as the gas market’s so-called winter heating season recedes in the rearview mirror. Rising oil prices, which have influenced the front-month US gas contract in recent months, may also be supporting US gas prices by driving financial inflows into baskets of energy products.
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