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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Climb on Sweltering US Heat

United States Nymex BNEF EIA Electricity Natural Gas

October Nymex natural gas (NGV26) on Monday closed up +0.047 (+1.63%).

Nat-gas prices settled higher on Monday as forecasts for triple-digit temperatures over the coming week in the US will boost nat-gas demand from electricity providers to power increased air-conditioning use. According to NatGasWeather.com, near-record high temperatures are expected in the southern and eastern US and across most of the East Coast from August 31-September 5.

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