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Natural Gas Futures Retake $4 as Colder Forecasts Spark Short-Covering Rally — MidDay Market Snapshot

Natural Gas Intelligence · last updated

Natural gas futures rocketed higher in midday trading Monday on the back of colder forecasts for March indicating the cold winter may revive its assault on Lower 48 natural gas inventories.

a chart showing NGI's Algonquin Citygate midday natural gas spot price

Here’s the latest:

  • April Nymex gas futures were up 29.5 cents at $4.129/MMBtu as of 2:24 p.m. ET