Coming out of a weekend that brought a notably hotter forecast outlook and an uptick in estimated export demand, natural gas futures were sharply higher in early trading Monday. The September Nymex contract was up 11.2 cents to $1.911/MMBtu at around 8:40 a.m. ET.
Over the weekend the major weather models, especially the European, trended hotter, showing a return to above-normal temperatures starting next week, according to Bespoke Weather Services.
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