Natural Gas Futures Rise as Heating Season Nears -- Market Talk

Dow Jones11-16 04:03

1503 ET - Natural gas prices ended the week with a gain as the heating season approaches. Prices rallied to begin the week on colder weather forecasts, but they had since given back most of those gains. U.S. inventories are expected to keep increasing, but the first draws of the season are in the horizon, NatGasWeather.com says, adding that demand will remain light for now. "It could be another dangerous weekend to hold contracts depending on weekend weather trends," it says. On the Nymex, the front-month contract gains 1.4%, to $2.823. It is up 6% for the week. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

November 15, 2024 15:03 ET (20:03 GMT)

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On the Nymex, the front-month contract gains 1.4%, to $2.823. It is up 6% for the week. 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Prices rallied to begin the week on colder weather forecasts, but they had since given back most of those ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NGS","symbol_name":"Natural Gas Services Group Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483840955","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483840955","pubTimestamp":1731700980,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1503 ET - Natural gas prices ended the week with a gain as the heating season approaches. 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