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Barchart
Rich Asplund

Nat-Gas Prices Continue Lower on Bulging Inventories

United States Atmospheric G2 BNEF Natural Gas

April Nymex natural gas (NGJ24) on Tuesday closed -0.045 (-2.56%), the fifth consecutive session of losses.

Nat-gas prices on Tuesday fell on bulging U.S. inventories that are 30.9% above their 5-year seasonal average.  Nat-gas prices fell even though forecasts turned a bit cooler.  Atmospheric G2 said a cold front will move across the central and eastern parts of the U.S. during March 17-21.

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