Tue, 12 Mar 2013 09:34:04 GMT
Natural gas jumps on colder weather, US stockpiles
Energy futures were mixed on signs that China's industrial output is slowing. Adding to losses, Saudi Arabia increased its oil production in February. At the same time, weaker US Dollar and possible deficit at Cushing, the largest oil storage hub in the US, lent support for the commodity complex.
Crude oil posted a mild gain despite weak fundamentals. Investors are cautious