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Barchart
Barchart
Rich Asplund

Cold US Weather Forecasts Push Nat-Gas Prices Higher

United States Nymex BNEF EIA Midwest Natural Gas

January Nymex natural gas (NGF25) on Wednesday closed higher by +0.066 (+2.00%)

Jan nat-gas prices on Wednesday added to Tuesday's gains and settled moderately higher.   Nat-gas price rose Wednesday as longer-range weather forecasts showed colder temperatures advancing into the Midwest and Central US in early January, which will boost heating demand for nat-gas.  On Wednesday, NatGasWeather said that updated weather models show colder temperatures advancing into the northern half of the US January 1-3.

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