LNG

Front-month gas futures for March delivery on the New York Mercantile Exchange (NYMEX) rose 4.8 cents, or 1.2%, to $4.042 per MMBtu yesterday.

The small price increase came despite near record output so far this month and forecasts for milder weather and lower heating demand this week than previously expected, which should allow utilities to take less gas out of storage than normal for this time of year.

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