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Natural Gas Rise Slightly Amid Mild Weather Forecasts - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Rise Slightly Amid Mild Weather Forecasts - WSJ

Oct. 24, 2023 10:15 am ET

1005 ET – Natural gas prices keep rising after seemingly finding a bottom on Friday. The November contract, which expires later this week, is up 0.6% at $2.944/mmBtu. Above-average supplies weigh on prices, as weather forecasts fail to provide hopes of strong demand. NatGasWeather.com says in a report that models “maintain national demand holding at light to very light levels this week,” due to warm fall temperatures. ( paulo.trevisani@wsj.com; @ptrevisani)

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