NatGas Futures Perk Up on Cold-Induced Early Cash Strength

Backed by early cash market strength ahead of what is expected to be a fairly frigid weekend, November natural gas futures thrusted higher in Friday trading Pushing higher for much of the day the prompt-month contract put in a high of $4.880 in the afternoon before closing out the regular session at $4.781, up 29.9 cents from Thursday’s finish but only 1.1 cents above the previous Friday’s close.

October 19, 2009