US natural gas futures rise nearly 3% on cooler weather forecasts

US natural gas futures rose nearly 3% on Wednesday to a near four-week high, supported by forecasts for colder weather and higher heating demand through early January.

On their last trading day as the front-month, gas futures rose 11.5 cents, or 2.8%, to $4.170 per million British thermal units (mmBtu) by 9:17 a.m.…

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