U.K. Natural Gas Rises to 11-Month High Amid Freezing Weather
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U.K. natural gas for within-day delivery rose to an 11-month high as temperatures fell to the lowest since February, boosting demand for the heating fuel.
Same-day gas surged as much as 9.2 percent, the biggest jump since April 2, according to broker data compiled by Bloomberg. The low temperature in London was minus 6 degrees Celsius (21 Fahrenheit) today and will drop to minus 7 degrees Jan. 25, CustomWeather Inc. data on Bloomberg show.