Low stocks, cold snap stoke prices

摘要

1. US natural gas futures rose in March on low inventories and forecasts for a lateseason bout of cold weather, despite expectations for a surge in production. 2. Prompt-month natural gas futures settled at 2.733/mn Btu on 29 March, up by 6.6￠/mn Btu, or 2.5pc, since 28 February. Prices on 13 March reached about a six-week high of $2.786/mn Btu on forecasts for demand-boosting cold weather.