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Natural Gas Futures Move Higher; Colder Weather on Horizon - The Wall Street Journal

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Natural Gas Futures Move Higher; Colder Weather on Horizon - WSJ

Nov. 13, 2023 9:23 am ET

0916 ET – Natural gas futures rise after falling for five straight sessions as prices were pressured by warm weather forecasts for much of the U.S. Colder weather systems are forecast to move across the northern U.S. towards the end the month, NatGasWeather.com says in a report. “Demand will be stronger for this period and closer to seasonal,” it says, but “of course, there’s still another full week of light to very light demand to get through first.” The Nymex December contract is up 4.2% at $3.160/mmBtu. ( anthony.harrup@wsj.com)

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