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Barchart
Barchart
Rich Asplund

Mixed US Weather Outlook Weighs on Nat-gas Prices

March Nymex natural gas (NGH25) on Friday closed down by -0.099 (-2.90%).

Mar nat-gas prices settled moderately lower on Friday as a mixed US weather forecast sparked long liquidation in nat-gas futures.  WSI Trader said Friday that forecasts shifted colder in much of the central and eastern US while Western North America is expected to be slightly warmer for February 17-21.  Strength in European nat-gas prices limited losses in US prices as European nat-gas Friday rallied to a 15-month high.

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