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Rich Asplund

Nat-Gas Prices Climb on Forecasts for Cooler US Temps

United States April Nymex Commodity Weather Group BNEF Freeport Midwest Natural Gas

April Nymex natural gas (NGJ24) on Monday closed up by +0.048 (+2.90%).

Nat-gas prices rallied moderately on Monday, based on forecasts for colder US temperatures, which will boost heating demand for nat-gas.  The Commodity Weather Group on Monday said forecasts shifted cooler for the East Coast and the Midwest between March 23-27.  

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