U.S. natural gas futures gained with a cold blast moving across the upper Midwest and into the Northeast, prompting a bout of short-covering. The Nymex front month settled up 6.8% at $3.378/mmBtu.
On December 5, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage declined by -30 Bcf from the previous week, compared to analyst forecast ...