US Natgas Prices Jump 6% to 7-Week High on Small Storage Build, Rising LNG Feedgas

U.S. natural gas futures jumped about 6% to a seven-week high on Thursday on a smaller-than-expected storage build, rising gas flows to liquefied natural gas export plants and a continued decline in output so far this month. That price spike came despite forecasts for less hot weather over the next two weeks than previously expected, … Read more