Natural gas ends at 13-month high as oil gains 3% on week

Natural-gas futures on Friday notched their highest close since May 2015 as traders bet that warmer weather will help to ease a glut of supplies in the U.S.

Oil futures, meanwhile, settled higher to tally their first weekly gain in three weeks. Prices found support from some upbeat U.S. economic data and a sixth-straight weekly decline in domestic crude inventories despite a weekly climb in the number of U.S. rigs drilling for oil.

August natural gas NGQ16, -3.05%  rose 6.3 cents, or 2.2%, to settle at $2.987 per million British thermal units on the New York Mercantile Exchange. The settlement was the best since May 18, 2015.

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