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Barchart
Rich Asplund

Forecasts for Hotter US Weather Boost Nat-Gas Prices

United States Atmospheric G2 Nymex Electricity Baker Hughes BNEF Natural Gas

August Nymex natural gas (NGQ25) on Friday closed up +0.016 (+0.52%).

Aug nat-gas prices recovered from early losses Friday and settled higher after US weather forecasts shifted to warmer, which would boost nat-gas demand from electricity providers for air conditioning usage.  Forecaster Atmospheric G2 said Friday that forecasts shifted warmer across the central and eastern US for August 4-8.  

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