1451 ET - U.S. natural gas futures rise as the market looks beyond the warming near-term weather outlook to concerns that supply could remain tight well into the year. "Participants appear to be growing impatient waiting for further production growth to show up," Andy Huenfeld of Pinebrook Energy Advisors says in a note. "Until the market starts to see a stronger indication that more supply is on the way to meet LNG export demand and help refill storage inventories, the path of least resistance appears to be to the upside." The Nymex front month settles up 2.1% at $4.491/mmBtu after hitting $4.90 overnight. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
March 10, 2025 14:52 ET (18:52 GMT)
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