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US natural gas futures for front-month delivery rose more than 34 percent in November to their highest level in two years, trading near $3.50/MMBtu. Prices have more than doubled from earlier 2016 lows as output stalled and winter demand rose.
Stalled production combined with rising seasonal demand supports higher US gas prices, which also feed through to fertilizer and feed-ingredient costs.
oilprice.comNick CunninghamDec 4, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
