Natural gas prices rose Tuesday, rebounding from nearly two-year lows and snapping a three-session losing streak. The front-month January contract settled up 2.7 cents, or 0.9%, at $3.171 a million British thermal units on the New York Mercantile Exchange. The bounce ended a losing streak that had brought prices down as much as 16%. Prices flip-flopped around unchanged for most of the session, finishing higher from a rally that started around 1 p.m. Brokers and analysts say there are still bearish trends in the market, making a turnaround difficult. Power plants are likely to start switching to use more natural gas at these prices, Aaron Calder, senior market analyst at energy-consulting firm Gelber & Associates in Houston, said in a note. And there is still plenty of time for cold weather to drive demand and possibly curtail some production in January and February, analysts said. “The […]