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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Soar as US Temps Plunge

January Nymex natural gas (NGF26) on Monday closed up +0.321 (+7.35%),

January nat-gas on Monday rallied sharply to a 3-week high on the outlook for colder US temperatures, which are expected to boost heating demand for nat-gas.  Forecaster Atmospheric G2 said that colder-than-normal temperatures are expected across the Northeast for January 3-7.  

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