Volatile Week Seen for U.S. Natural Gas -- Market Talk

Dow Jones12-23 21:42

0842 ET - U.S. natural gas futures look to extend last week's rally with winter weather pushing up demand, strong LNG exports and expectations of a cold start to January. "It's likely to be an extremely volatile week, aided by a mid-week Christmas break, Jan'25 futures expiring at Friday's close, and of course what's likely to be large colder/warmer run to run weather model trends for the first half of January," NatGasWeather.com says in a note. The Nymex front month is up 0.6% at $3.769/mmBtu after reaching $3.944/mmBtu overnight. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

December 23, 2024 08:42 ET (13:42 GMT)

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