Natural Gas Prices Jump On Cold Weather Forecast

Natgas February Nymex contracts jumped 3.5% Monday morning due to colder weather trends and increased heating demand forecasted for the next ten days.  Bespoke Weather Services said since last week, weather models have shifted "materially colder" for parts of the US through mid-January.  "While the 15-day period as a whole remains solidly warmer than normal, we have chipped away at a good deal of the warmth, and it is important, in our view, to note that the colder changes are focused over the next eight to 10 days," Bespoke…