US Natgas Prices Jump 5% to 23-Month High on Cold Forecasts, Rising LNG Feedgas

U.S. natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells and lift spot prices by reducing output as in past years. Also supporting prices was an increase in the amount of gas flowing to liquefied natural … Read more