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

Canadian Dollar Gains Momentum as U.S. Jobs Data Boosts Market Optimism

The Canadian Dollar climbed against the U.S. Dollar, pushing the USD/CAD pair toward multi-month lows …