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Rich Asplund

Nat-Gas Prices Climb on the Outlook for Cooler US Temps to Persist

United States Maxar Technologies Donald Trump BNEF Canada EIA Natural Gas

April Nymex natural gas (NGJ25) on Wednesday closed up +0.195 (+4.81%).

April nat-gas on Wednesday added to Tuesday's gains on forecasts for cooler weather in the US to persist, which would boost heating demand for nat-gas. Commercial forecaster Maxar Technologies said Wednesday that a high-pressure weather system from Canada is expected to lower temperatures to below-normal for the Midwest and East into early next month.

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