U.S. natgas futures near flat early; chilly forecast supports
March 08, 2013 at 09:21 AM EST
NEW YORK, March 8 (Reuters) - U.S. natural gas futures were little changed in early trading Friday, with bullish inventory data and fairly chilly weather forecasts for next week partly offset by profit-taking ahead of the weekend and after strong gains earlier this week. Cold late-winter weather has helped push the front contract up nearly 13 percent in the last three weeks, turning the chart picture more supportive as prices broke through some key moving average and trendline resistance poi