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Rich Asplund

Cooler US Weather Forecasts Boost Nat-Gas Prices

United States Atmospheric G2 Nymex West Coast BNEF EIA Natural Gas

November Nymex natural gas (NGX25) on Tuesday closed up by +0.141 (+4.20%).

Nov nat-gas prices settled sharply higher on Tuesday as US weather forecasts cooled for mid-October, which could boost heating demand for nat-gas.  Forecaster Atmospheric G2 said Tuesday that forecasts shifted cooler in the East and West Coast for October 12-16, and cooler for the Northeast and West Coast for October 17-21.

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