Natural gas futures halted a two-day slide in New York as forecasts showed hotter weather that would spur power-plant demand before easing next week.
Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks.
Natural gas futures capped the first weekly decline in four weeks on speculation that easing heat will limit demand for the power-plant fuel.
Natural gas rose in New York from the lowest level in more than a month as weather forecasts for Western heat and Northeastern cold spurred speculation that demand will increase.
Diesel rebounded from an earlier decline as weather forecasts showed frigid weather along the U.S. East Coast will persist in February, boosting demand for heating oil.
The National Weather Service is set to start repairing 70 towering buoys used to track El Nino and La Nina patterns, whose damage has led scientists to warn the accuracy of forecasts is in danger.
China’s Meteorological Administration started providing weather forecasts for islands at the center of a dispute with Japan as both sides seek to assert authority for their claims.