US Natgas Futures Soar 89% Over Five Days as Freezing Wells Cut Output to Two-Year Low

(Reuters) – U.S. natural gas futures soared by a record 89% over five days to a three-year high on Monday after an Arctic blast at the weekend froze oil and gas wells, cutting gas production to a two-year low on Sunday. On Monday, front-month gas futures for February delivery on the New York Mercantile Exchange … Read more