US December natural gas moved 1.8% higher to the low $2.80s per million Btu, putting an end to the 33.8￠ or 10.9% plunge over five consecutive sessions last week

摘要

A somewhat optimistic weather forecast was credited for the increase. Forecasts are calling for intermittent cooler weather in the Northeast this month with lows near freezing later this week. "The coming cold isn’t strong enough and long enough to produce a significant withdrawal; however it does give bullish traders hope that weather patterns may finally be turning around and that a cold winter is still in the offering," Gelber & Associates analyst Kent Bayazitoglu said.