Natural-Gas Prices Rise on Expectations for Cooler Fall Weather - News Summed Up

Natural-Gas Prices Rise on Expectations for Cooler Fall Weather


The price of natural gas posted a third consecutive session of gains on Thursday, buoyed by expectations for cooler-than-usual fall weather in some parts of the country. Natural-gas futures rose 1.5% to trade at $2.316 per million British thermal units amid predictions of lower-than-normal temperatures in parts of the Central and Western U.S. Demand for natural gas tends to climb when people use their heaters in the winter and air conditioners in the summer, and changes in the weather and weather forecasts can precipitate...


Source: Wall Street Journal October 24, 2019 17:26 UTC



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