Nymex natural gas prices closed up on Monday, rising 3.47%. Forecasts for hotter US weather boosted demand from electricity providers due to increased air conditioning usage. US nat-gas production is at a near record high, with active rigs also on the rise. Weekly EIA report showed a bearish trend in nat-gas inventories, signaling adequate supplies. Baker Hughes reported a stable number of active US nat-gas drilling rigs, slightly below recent highs.

Read more at Yahoo Finance: Nat-Gas Prices Jump as US Weather Forecasts Trend Hotter