Natural Gas Rebounds From Two-Year Low Amid Cold Weather Outlook
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Natural gas futures rebounded in New York, gaining for the first time in four days as colder weather forecasts for the end of the month signaled higher demand for the heating fuel.
A cold air mass is arriving in the Midwest and parts of the Northeast “a little more aggressively” from Dec. 28 to Jan. 1 than earlier forecasts showed, Anthony Chipriano, a meteorologist with MDA Weather Services, said by phone. Colder air may shift east to more populous areas after that, he said.