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Barchart
Rich Asplund

Nat-Gas Prices Continue Lower on Bulging Inventories

United States Commodity Weather Group BNEF Natural Gas

April Nymex natural gas (NGJ24) on Wednesday closed down -0.056 (-3.27%), the sixth consecutive session of losses.

Nat-gas prices on Wednesday 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.  Commodity Weather Group said cooler weather is expected to move into the eastern part of the U.S. during March 23-27.

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