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Nat-Gas Prices Rise on Warm US Temps Forecast

Warm Winds Fan Nat Gas Prices Higher The recent jump in natural gas prices may seem like a predictable response to forecasts of warm US temperatures.

However, beneath the surface lies a complex interplay of factors that could have far reaching implications for the energy market.

The rally in nat gas prices on Friday pushed June Nymex futures to a six week high, driven largely by expectations of above normal temperatures boosting demand from electricity providers.

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