Natural gas is a seasonal commodity that tends to reach highs during winter and lows during spring. The injection season, when inventories rise, runs from late March or early April through November. In November,

U.S. natural-gas prices have slumped this year, but trading activity in benchmark gas futures has surged thanks to booming exports of the fuel. Open interest in Henry Hub natural-gas futures last month eclipsed records that have stood since 2018,

U.S. natural gas futures surged nearly 10% Monday after weekend weather forecasts pointed to a pickup in heating demand, with analysts also pointing to likely short-covering sparking gains. The appearance of colder weather is "allowing the crushing weight from a historically mild start to the heating season to begin to lift,

December Nymex natural gas (NGZ24) on Monday closed up sharply by +0.251 (+9.40%) Dec nat-gas prices soared Monday to a 6-week nearest-futures high. A decline in US nat-gas production and cooler US weather forecasts that will boost heating demand for nat-gas have sparked a rally in nat-gas prices.