Wednesday, December 15, 2010

Natural gas rose in New York

Natural gas rose in New York, reversing a previous fall, after the U.S. Federal Reserve reported that industrial production rose more than expected, indicating that economic growth can boost demand for fuel.

Natural gas for January delivery rose 1.5 cent, or 0.4 percent, to $ 4.27 per million British thermal units at 9:31 am in the New York Mercantile Exchange. The future will take place from 2 percent this month.

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