Home / Market Update / Commodities / U.S Gas Futures Records The Best Daily Performance in Nearly Two Weeks

U.S Gas Futures Records The Best Daily Performance in Nearly Two Weeks

US natural gas futures rose, recording their largest one-day gain in nearly two weeks, with expectations of hotter weather conditions continuing over the coming weeks, which tends to increase demand for air cooling.

Gas contracts rose to the nearest maturity by 2.3% to settle at $ 4.027 per million British thermal units, the highest level since July 20.

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …