Natural gas prices surge amid negative weather forecasts

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Source: Bloomberg
© Scanpix/Reuters
Futures for natural gas surged to its highest level in four months, as the fresh weather forecast predicts snowy and cold winter in the U.S., which can boost demand for energy. Temperature in the U.S. has already dropped below average during October 19-28. Natural gas prices for delivery in November jumped 0.6%, reaching $3.799 per million thermal units. This year prices have already added 13%.
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