U.S. Natural Gas Futures Gain in Quiet Trade -- Market Talk

Dow Jones12-24 21:35

0835 ET - U.S. natural gas futures are higher in light trade, with participants focused on weather forecasts suggesting strong heating demand for January after a warmup this week. "The overnight weather data maintains a frosty weather system sweeping across the U.S. Jan 2-6, initially over the Midwest, then gaining territory to cover nearly all the U.S. besides portions of the West," NatGasWeather.com says in a note. Nymex gas for January delivery is up 2.1% at $3.732/mmBtu. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

December 24, 2024 08:35 ET (13:35 GMT)

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