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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Consolidate Recent Losses

April Nymex natural gas (NGJ25) on Wednesday closed up +0.021 (+0.55%).

April nat-gas prices Wednesday posted modest gains as prices consolidated above Tuesday's 3-week low.  However, nat gas prices were undercut by expectations for above-normal early-spring temperatures that will curb heating demand for nat-gas.  Forecaster Atmospheric G2 said Wednesday that forecasts shifted much warmer in the eastern half of the US for March 31-April 4, while the western and central parts of the US moved cooler.

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