Natural Gas Futures May Rise to 14-Month High on Cold Weather
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Natural gas may rise to a 14-month high above $4 next week on speculation that cold weather will boost demand for the heating fuel, a Bloomberg survey showed.
Nine of 13 analysts, or 69 percent, forecast that futures will advance on the New York Mercantile Exchange through Nov. 30. Three, or 23 percent, said gas will decline and one said prices will stay the same. Last week, 50 percent of participants said gas would rise this week.