U.S. Natural Gas Futures Rise with Temperatures

Source: Dow Jones, Amy D'Onofrio (7/26/11)

"Futures fell slightly early Monday but reversed course as traders looked to more heat forecasts supportive of prices."

Dow Jones, Amy D'Onofrio

Natural-gas futures edged higher Monday, as forecasts for warmer temperatures to come weighed on the market.

Natural gas for August delivery recently traded up $0.046 cents, or 1%, to $4.445 a million British thermal units on the New York Mercantile Exchange.

Futures fell slightly early Monday but reversed course as traders looked past some moderating temperatures to more heat forecasts supportive of prices. . .View full article

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