US natgas jumps nearly 5% on cold forecasts, big storage draw
Gas flows to LNG terminals continue to climb.
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Gas flows to LNG terminals continue to climb.
U.S. natural gas futures held near a three-week low on Monday on record output, ample storage, mild weather, low heating demand and low spot prices.
Sept 18 (Reuters) - U.S. natural gas futures edged up around 1% on Monday as the amount of gas flowing to the country's liquefied natural gas (LNG) export plants increases after Freeport LNG's facility in Texas returned to near full service over the past few days.
U.S. natural gas futures rose about 2% to a two-month high on Thursday as wildfires kept gas exports from Canada near a 25-month low.
U.S. natural gas futures fell on Wednesday and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.