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Barchart
Rich Asplund

Forecasts for Cooler US Weather Boosts Nat-Gas Prices

United States Atmospheric G2 Nymex BNEF Natural Gas

May Nymex natural gas (NGK25) on Monday closed up +0.054 (+1.33%).

May nat-gas prices on Monday rose to a 1-week high and settled moderately higher on cooler forecasts for the eastern US, which would boost heating demand for nat gas.  Forecaster Atmospheric G2 said Monday that forecasts have moved significantly cooler for the eastern two-thirds of the US for April 5-9.  

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