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Barchart
Rich Asplund

Nat-Gas Prices Climb on Forecasts for Colder U.S. Temps

Nymex United States BNEF EIA Natural Gas

November Nymex natural gas (NGX23) on Thursday closed +0.046 (+1.59%).

Nat-gas prices Thursday climbed to a 1-week high and closed moderately higher.  The outlook for colder weather that would spark increased heating demand for nat-gas boosted prices after WSI Trader said below-normal temperatures could spread across the central U.S. by the middle of next month.  Gains in nat-gas prices were limited after weekly EIA nat-gas inventories rose +90 bcf, above expectations of +89 bcf.

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