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.
For all the talk of a crisis at the start of the month, February ended up being the best period for global markets since July.
Central Tokyo air pollution readings neared levels that could require government alerts after thick smog blanketed parts of China for much of this week.
Coffee surged to 16-month high as dry weather hurt crops in Brazil, the world’s largest producer, potentially tipping the global market into the first shortage in four years. Sugar rose to a three-month high.
Natural gas futures slid for a second day in New York as forecasts showed moderating weather that would reduce heating-fuel consumption.
Natural gas futures slipped from a five-year high in New York after a government report showed an inventory decline that was less than analysts predicted.
Natural gas in New York fell from a five-year high before the release of a government report that may show an above-average supply drop.
Natural gas futures retreated from a four-year high in New York as meteorologists predicted moderating weather that would reduce heating-fuel demand.
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.