The price of natural gas is up 176% since its 2024 intra-day low reached in mid-February and up about 90% since its early August lows.

Natural-gas prices surged on new forecasts for a much colder January than had been expected. Futures for February delivery shot up more than 20% to trade as high as $4.20 per million British thermal units on Monday morning.

U.S. natural gas futures are on track for their biggest jump in more than two years, as traders anticipate colder temperatures in the U.S. and Europe, as well as the imminent expiration of a deal allowing Russian natural gas to be piped to Europe through Ukraine.

Edinburgh's New Year "Hogmanay" celebrations, where tens of thousands of revellers gather in the Scottish capital for street parties and fireworks, have been cancelled due to bad weather, organisers said on Monday.

Edinburgh's Hogmanay celebrations have been cancelled due to concerns over the weather. Organisers said that ongoing high winds would force all events for 30 December and Hogmanay to be scrapped, including a concert in Princes Street Gardens by the rock band Texas.

Edinburgh’s famous New Year celebrations were canceled due to safety concerns as stormy weather hit the Scottish capital during one of the busiest times for the tourist industry.