0924 ET - U.S. natural gas futures shake off overnight weakness and move higher, supported by forecasts for more cold weather hitting the U.S. in mid-March. After overnight selling by Asian participants, "Europe bought a lot of it back as E.U. entities with LNG exposure looked to hedge," Gary Cunningham of Tradition Energy says in a note. There were only slightly warmer adjustments in morning forecasts, "so we should hold above $4 on April unless the noon throws another curveball at us," he adds. The Nymex front month is up 4.8% at $4.320/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
March 04, 2025 09:24 ET (14:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。