September Nymex natural gas closed up 5.52% on Wednesday. Expectations of a lower-than-normal build in inventories led to a rally in prices. Cooler weather forecasts and increased US production have been weighing on prices. Electricity output rose, while last week’s EIA report showed a smaller-than-expected increase in inventories. Active drilling rigs remain near a 2-year high.
Read more at Yahoo Finance: Nat-Gas Prices Surge on Expectations of Lower-Than-Normal Inventory Build
