MTECHTIPS Natural gas moves off lows from bearish springtime - TopicsExpress

MTECHTIPS Natural gas moves off lows from bearish springtime weather forecasts Natural gas futures rose on Wednesday after bottom fishers snapped up nicely-priced positions in the commodity and erased losses stemming from expectations that springs mild temperatures will cut into demand for heating.On the New York Mercantile Exchange, natural gas futures for delivery in April traded at $4.472 per million British thermal units during U.S. trading, up 0.35%. The commodity hit session high of $4.504 and a low of $4.421.The April contract settled down 1.76% on Tuesday to end at $4.456 per million British thermal units.

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