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Rich Asplund

Nat-Gas Prices Climb on the Outlook for Colder US Temps

United States Maxar Technologies Nymex Natural Gas BNEF EIA

December Nymex natural gas (NGZ24) on Wednesday closed higher by +0.076 (+2.61%)

Dec nat-gas prices Wednesday posted moderate gains but remained below Tuesday's 6-week nearest-futures high. The outlook for colder US temperatures to boost heating demand for nat-gas pushed prices higher Wednesday. Forecaster Maxar Technologies said forecasts shifted cooler for the West Coast, with colder temperatures moving eastward later in the November 18-22 period.

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