March Nymex natural gas (NGH26) on Tuesday closed down by -0.023 (-0.73%).
March nat-gas prices moved lower for a third session on Tuesday and posted a 4-week nearest-futures low. Forecasts of above-average US temperatures, which will reduce nat-gas heating demand, are weighing on prices. The Commodity Weather Group said Tuesday that warmer-than-normal weather is expected over most of the US, excluding the Pacific and Atlantic coasts, through February 19.
