Natural Gas Futures Fluctuate on Outlook for Moderating Weather
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Natural gas futures fluctuated in New York as forecasts showed milder weather that would reduce demand for the heating fuel.
Gas moved between gains and losses as WSI Corp. in Andover, Massachusetts, said temperatures would be normal or above normal in the eastern half of the U.S. from Dec. 2 through Dec. 6. The low in New York on Dec. 3 may be 38 degrees Fahrenheit (3 Celsius), 2 more than usual, according to AccuWeather Inc. in State College, Pennsylvania.