June natural gas futures jump 2.8% to close at $2.186/MMBtu, highest in a month and capping a...

|By:, SA News Editor

June natural gas futures jump 2.8% to close at $2.186/MMBtu, highest in a month and capping a 15% spike in the past six sessions, as traders say the recent breach below $2 likely prompted increased usage from factories and utilities. IAF Advisors' Kyle Cooper says the market may have seen the bottom: ”We’re just having very, very solid demand."