“I can’t get too excited with regard to the weather forecast from a cooling demand standpoint and it’s too early for significant heating demand,” Stephen Schork, president of Schork Group Inc., said in a Bloomberg article.
Looking ahead, the National Hurricane Center calculates an 80% chance that a tropical cyclone will develop over the Gulf of Mexico in the next five days, Investing reports. Tropical storms disrupt offshore gas rig oeprations.
United States Natural Gas Fund
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Max Chen contributed to this article.