September Nymex natural gas (NGU23) on Wednesday closed -0.067 (-2.52%).
On Wednesday, Nat-gas prices extended Tuesday's losses to a 1-1/2 week low and closed moderately lower. Forecasts for cooler U.S. temperatures that will reduce nat-gas demand from electricity providers to power air conditioning are weighing on nat-gas prices. NatGasWeather.com said cooler temperatures are expected to move into much of the Midwest and Northeast next week, although hot temperatures will remain in the Pacific Northwest.
