Natural Gas futures rose to 8-month highs while Crude Oil futures fell.

Natural Gas futures rebounded today, trading higher for the fifth time in the last six sessions and reaching approximately 8-month highs at 4.37, up about 3.5% on the day. The upward momentum is driven by demand expectations in Europe and the United States. Colder temperatures than anticipated are forecast for Europe's winter months, increasing demand expectations for imports. In the US, the Lower 48 forecast is holding steady at the lower end of the range, which has also increased domestic demand expectations. Conversely, WTI Crude Oil futures have drifted lower for several sessions, trading back below $60 a barrel, slightly down on the day, and marking a two-week low. This reflects dispersion within the energy space, with Natural Gas futures moving to highs and WTI Crude Oil futures moving to lows.