Natural Gas Rebound: Cold Weather Forecasts Fuel Price Surge

Natural gas rebounds! After hitting a three-week low, futures jumped 2.5% on colder weather forecasts predicting higher heating demand across the US. Short-covering fueled the surge, but record-high production and rising rig counts loom. Will increased electricity production and steady LNG exports offset ample supply, or will tightening inventories and upcoming weather shifts dictate the market's next move?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.