October Nymex natural gas (NGV25) on Wednesday closed up +0.055 (+1.83%).
Oct nat-gas prices on Wednesday added to Tuesday's gains and posted a 4-week high on forecasts for warmer temperatures in the northern half of the US, which will boost nat-gas demand from electricity providers to power air conditioning. On Wednesday, forecaster Atmospheric G2 said forecasts shifted warmer for the middle of the country for September 8-12, and temperatures also trended warmer over the northern half of the country for September 13-17.
