U.S. natural gas futures recovered after five consecutive trading days of declines, driven by forecasts of cold weather in some regions. Gary Cunningham of Tradition Energy noted in a report: “Forecasts for the next 11 to 15 days indicate a cold snap across the northern half of the United States, which will push electricity demand for heating back above normal levels.” ” He added: “The scope for a rebound should be relatively limited, largely just pulling prices back from oversold territory, so the February contract is expected to fluctuate between $3.40 and $3.60.” February natural gas on the New York Mercantile Exchange rose 4.8% to settle at $3.511 per million British thermal units.