US Natgas Futures Extend Rally to Eight-Month High on Bets of Fresh December Cold, Firm Power Demand

U.S. natural gas futures rose 5% on Tuesday, extending gains to an eight-month high, as traders bet on another round of cold weather in December and firmer power demand, even as temperatures are expected to moderate next week. Front-month gas futures for December delivery on the New York Mercantile Exchange was up 21.7 cents, or … Read more