Natural Gas Prices Spike on Cold Weather Forecast

Natural gas futures experienced a significant increase on Monday due to forecasts predicting colder-than-average temperatures across much of the United States. The expected rise in demand for heating fuel as a result of the cold snap spurred the price surge. Market analysts are closely observing weather patterns and their potential impact on natural gas inventories and pricing. The extent and duration of the cold weather will be key factors in determining the near-term trajectory of natural gas prices.

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