US Natgas Rises More Than 4% on Hotter Weather Forecasts, Lower Output

(Reuters) -U.S. natural gas futures rose more than 4% on Wednesday, supported by a drop in output and forecasts of hotter weather for the second half of August that could boost cooling demand and increase gas consumption by power generators to meet air conditioning needs. Front-month gas futures NGc1 for September delivery on the New York Mercantile … Read more