Natural gas futures bulls were licking their lips Friday as the March contract showed some real strength on the day. Despite the temporary warm-up forecasted for much of the country, prompt-month futures pushed higher on the day to close at $4.774, up 13.2 cents from Thursday’s finish and 35.7 cents higher than the previous week’s close.
Lips
Articles from Lips
Futures Gain 28 Cents to $7.998 as Options Expire
Natural gas bulls were licking their lips following the long holiday weekend as weather forecasters Monday were calling for a significant dose of cold Canadian air to sweep across the country from west to east this week. Opening higher following the overnight trading Sunday, December natural gas futures on Monday put in a high of $8.025 before settling at $7.998, up 28 cents on the day.
November 28, 2006
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