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Natural gas surges as weather forecasts see sizzling temps across U.S. (NYSEARCA:UNG)

Record-breaking summer heat set to spark commodities volatility

Traders are bracing for a record-smashing summer that will shake up commodities

Prices for some of the worlds most vital commodities — natural gas, power and staple crops like wheat and soy — are climbing.

Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities

(Bloomberg) Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fired Commercial Head After Sales Strategy A

U.S. Crude Stocks Seen Down in Week Ended May 24

By Anthony Harrup U.S. crude oil inventories are expected to have decreased last week, with refineries raising capacity use for a fourth straight week, according to a survey by The Wall Street.