U.S. Gas Jumps by Most Since December on Warmer Weather Outlook
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U.S. natural gas futures posted the biggest one-day gain since December as unseasonably hot weather stoked demand from electricity generators to run air conditioners.
The rally accelerated after a U.S. government weather model showed temperatures would be “a lot warmer” than previously forecast in the Midwest to the mid-Atlantic next week, according to Commodity Weather Group LLC. Overnight outlooks had shown the heat easing.