Natural gas futures fluctuate amid shifting weather forecasts

Source: Investing.com
On Tuesday US natural gas prices fluctuated due to investors monitoring unstable changing weather forecasts for the next two-week period. In February natural gas tacked on 0.6 cents at $2.889 a million British thermal units. Short-term weather forecasts called for chill temperatures, boosting demand for heating fuel, while extended forecasts showed that colder readings were expected closer to the end of January. Total US natural gas storage accounted for 3.220 trillion cubic feet, compared to previous year's 2.5% higher level.


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