1505 ET - U.S. natural gas futures rise for a third straight session as buyers take advantage of dips to build positions with some cold weather still left to the winter withdrawal season. "The midday data maintains a couple of chilly weather systems sweeping across the northern and eastern U.S. Thursday through Monday with lows of 0s to 20s for stronger national demand," NatGasWeather.com says in a note. Tomorrow's storage report is expected to show a 98 Bcf withdrawal, according to a Wall Street Journal survey, slightly widening the deficit against the five-year average to 242 Bcf from 238 Bcf. The Nymex front month settles up 2.3% at $4.450/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
March 05, 2025 15:05 ET (20:05 GMT)
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