Natural gas futures are trading higher early Wednesday, coming back fairly strong after Monday’s steep decline. Weather was not an issue over Christmas which may have been the catalyst driving prices lower the day before the U.S. bank holiday on Tuesday.
In fact, most weather services are calling for national demand to come in on the low side this week. However, there is still some uncertainty about temperatures around the January 4 to January 7 time period. Prices could big up a bid if the forecasts start to show a cooling trend for this time period.
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