DJ Natural Gas Gains as Autumn Creeps Into Forecast -- Market Talk
15:19 EDT - Advanced weather forecasts are beginning to show the first cool fall temperatures nudging into the
picture in the coming weeks, and natural gas are picking up on the anticipated heating demand. The market has been
stuck in the doldrums for months with abundant production and limited demand, but cooling temperatures in the northeast
and Midwest over the next couple weeks could finally break it out of a slump. Futures have gained 3.5% since touching
multi-month lows last week, with the most-active November contract rising 1.5% Monday to $2.67/mmBtu. Still, it's going
to take some cold temps to make a dent in supplies, with inventories 4.5% above year-ago levels.
(christian.berthelsen@wsj.com)
(END) Dow Jones Newswires
September 28, 2015 15:19 ET (19:19 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
092815 19:19 -- GMT
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