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Barchart
Barchart
Rich Asplund

Hot US Weather Forecasts Push Nat-Gas Prices Higher

September Nymex natural gas (NGU26) on Friday closed up +0.040 (+1.46%).

Nat-gas prices settled higher on Friday as forecasts for hotter US weather could potentially boost nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said on Friday that forecasts shifted to hotter, with above-average temperatures across Texas, the Southwest, and the Interior West through September 4.

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