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Rich Asplund

Below-Normal U.S. Temps Boost Nat-Gas Prices

United States Nymex The Commodity Weather Group BNEF Natural Gas

June Nymex natural gas (NGM23) on Friday closed up +0.055 (+2.34%).

June nat-gas Friday climbed to a 1-week high and settled moderately higher on the outlook that colder-than-normal U.S. weather will boost heating demand for nat-gas. The Commodity Weather Group said below-normal temperatures are expected for the eastern half of the U.S. through next week.

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