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Barchart
Barchart
Rich Asplund

Mild US Temps Weigh on Nat-Gas Prices

February Nymex natural gas (NGG25) on Thursday closed down -0.185 (-5.28%).

Feb nat-gas prices Thursday finished sharply lower on forecasts for warmer US winter temperatures to continue, reducing heating demand for nat-gas.  Forecaster Maxar Technologies said temperatures across much of the US will be above normal from December 26-30 before more normal temperatures return early next month.  

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