
June Nymex natural gas (NGM26) on Friday closed up +0.066 (+2.28%).
Nat-gas prices rallied to a 6-week nearest-future high on Friday and settled sharply higher. Expectations of above-normal temperatures that could boost nat-gas demand from electricity providers to power increased air-conditioning use are underpinning nat-gas prices. Forecaster Vaisala said Friday that above-average temperatures are expected from the Rockies to the East for May 25-29. Nat-gas also has carryover support from Thursday's smaller-than-expected storage increase in weekly EIA nat-gas inventories.