U.S. natural gas futures rose as a brief cold spell boosted heating and power
demand, after four straight sessions of declines. Higher oil prices linked to
the Iran war also supported the front-month contract.
A cold wave moving through the Ohio Valley and eastward lifted near-term demand,
according to Dennis Kissler.
May futures gained 1.5% to $2.843/MMBtu on New York Mercantile Exchange.
Forecasts show above-average temperatures across much of the eastern U.S. from
April 11–20.
