0952 ET - U.S. natural gas futures are higher on largely technical moves with weather-related demand steady as air conditioning use rises and late-season heating demand fades. "While momentum is bullish and traders appear eager for a reason to press gas pricing higher--and may be briefly successful--the near-to-medium term fundamental picture remains soft," Eli Rubin of EBW Analytics says in a note. Nymex natural gas is up 5.2% at $3.778/mmBtu, on track for a second straight weekly gain. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 09, 2025 09:52 ET (13:52 GMT)
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