Moscow. December 29. The price of natural gas at auction in new York on Tuesday rose to its highest level in more than a month on forecasts cold weather in the country, reports Bloomberg.
The January futures increased in price to $2,254 per 1 million British thermal units (BTU) on the new York Mercantile exchange (NYMEX). In the course of trading, the quote had risen to $2,266, its highest since November 27. The more actively traded February contract rose in price by 1.5%, to $2,29 per 1 million BTU.
According to the forecasts of meteorological services of the USA, on the continental part of the country will experience temperatures below normal in the period from 3 to 7 January, at the end of the year in the North-East of the country possible blizzards and icy conditions.
Despite the very warm beginning of winter quotes 17 December gas fell to the lowest level in 16 years.