Natural-gas futures settle at highest since October; U.S. oil prices post a rally for the week

natural gas futures settle at highest since october u s oil prices post a rally for the week

Sumary of Natural-gas futures settle at highest since October; U.S. oil prices post a rally for the week:

  • Natural-gas futures rallied on Friday, buoyed by warmer weather forecasts that are likely to boost demand for the commodity from power generators..
  • “Demand is variable, with low load demand expected to persist through the weekend amid milder conditions, but then reverse higher next week with the return of hotter conditions,”.
  • oil futures, meanwhile, posted gains for the session, ending the week roughly 7% higher after the IEA forecast a return to pre-COVID global oil demand levels by the end of next year…

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