Gas Markets Could See Sudden Bout Of Volatility

Weather forecasts are among the biggest factors driving natural gas prices, especially during the winter when heating demand is at its peak. At the same time, weather forecasts are notoriously unreliable beyond a certain point. As a result, natural gas prices have seen some sharp movements in the last few days and are likely to see extra volatility in the runup to the holidays. December has turned out warmer than expected, and that has dampened prices somewhat. But uncertainty about January remains as traders exit their positions and go home for…