John Woods News
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Natural gas futures in New York surged the most in four months, settling at a 20-month high, as cold weather helped erase a stockpile surplus and Goldman Sachs Group Inc. raised its 2013 gas price forecast.
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Natural gas may slide next week as demand for the heating fuel tapers in the U.S. with the approach warmer weather, a Bloomberg survey showed.
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Asian stocks outside Japan declined, led by material producers and developers, on concern policy makers in China will step up efforts to cool the property market and as Hong Kong banks raised mortgage rates.
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Natural gas futures declined for a third day in New York after a government report showed that U.S. stockpiles fell by less than expected last week.
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Khalid Sheikh Mohammed and four others accused in the Sept. 11, 2001, terrorist attacks returned to a military courtroom as their lawyers seek permission to collect evidence that some were tortured.
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Natural gas futures advanced in New York, capping the second straight weekly gain, on speculation that a cold start to January will drive up heating-fuel demand.
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Natural gas futures advanced to the highest price in almost 10 months as forecasts for cooler Midwest weather signaled higher demand for heating fuel.
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Sept. 28 (Bloomberg) -- JJ Woods & Associates President John Woods talks about the price of natural gas and his investment strategy. He speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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Natural gas futures will decline next week as the outlook for mild weather signaled reduced demand for the heating fuel, a Bloomberg survey showed.
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Natural gas may rise to a 14-month high above $4 next week on speculation that cold weather will boost demand for the heating fuel, a Bloomberg survey showed.
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