Natural gas futures jump on the weather forecasts

© Scanpix/FP

Natural gas futures increased essentially after previous losses as the market sentiment was affected by forecasts that the peak heating period in the US is approaching. Natural gas prices usually tend to correlate with weather forecasts. On the New York Mercantile Exchange, natural gas futures for January delivery were traded at USD3.615 per million British thermal units at the U.S. morning trade, increasing by 2.57%.