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Chillier Forecast Fuels Natural Gas Forwards Rally, but Sustainability Still Questionable

An abrupt change in long-range weather models resuscitated natural gas forward markets for the period between Feb. 13 and Feb. 19, lifting March prices by an average 13 cents, according to NGI’s Forward Look. The double-digit increases extended into April, while smaller gains were seen for the summer strip (April-October), next winter and beyond. Read More