U.S. natural gas futures rallied to their highest level since February 2014, fueled by growing concerns about tightness in inventories and global supply tightness.
October futures contracts rose 5% to $5.98 on the Nymex market.
The contract rose 11 percent to $5.70 on Monday.
The October contracts expire at the end of Tuesday. More actively traded November futures contracts rose 5.1% to $6.02.
Actors trading in the market are closing their downside positions this week before the October futures and options expire.
Signaling how tight supply will be at the end of winter, the price gap between March and April futures contracts has reached its highest level for this time of year since 2005.
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