US natural gas prices surged 12.3% to $3.80/MMBtu as a major cold front boosts heating demand.

US natural gas futures prices rose sharply on Monday, up to 12.3%, reaching $3.80 per million British thermal units (MMBtu), due to forecasts predicting a significant cold blast hitting the Lower 48 states. The arctic air mass is expected to persist in the eastern US for weeks, increasing heating demand and potentially leading to higher natural gas prices.

3 months ago
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