Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By MTECHTIPS
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

MTECHTIPS;- U.S. natural gas rebounds 5% as forecasts turn colder

Wednesday, January 11, 2017 1:34

% of readers think this story is Fact. Add your two cents.

MTECHTIPS;- U.S. natural gas rebounds 5% as forecasts turn colder

MTECHTIPS- U.S. natural gas futures edged higher on Tuesday, rebounding from sharp losses in the prior session as forecasts for the end of January turned colder, boosting demand for the heating fuel. Weather models initially predicted mild temperatures throughout most parts of the U.S. during the period. Natural gas for February delivery on the New York Mercantile Exchange jumped as much as 5.4% to a session high of $3.276 per million British thermal units. It was last at $3.261 by 10:30 AM ET (15:30G MT), up 15.8 cents, or around 5.1%, after falling to a seven-week low of $3.098 a day earlier. Prices of the heating fuel plunged 18.2 cents, or 5.5%, on Monday, as forecasts of mild January weather replaced predictions of severe cold. Natural-gas markets have been volatile in recent weeks, changing course rapidly in response to shifting outlooks in short-term weather patterns. About half of U.S. homes use natural gas for heating. Meanwhile, market participants looked ahead to weekly storage data due on Thursday, which is expected to show a draw in a range between 135 and 143 billion cubic feet in the week ended January 6. That compares with a withdrawal of 49 billion cubic feet in the preceding week, 168 billion a year earlier and a five-year average drop of 167 billion cubic feet

WWW.MTECHTIPS.COM

07489294118-119

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,603,923,877
Stories:	8,151,755