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Barchart
Rich Asplund

Nat-Gas Prices Decline on Cooler US Weather Forecasts

United States Maxar Technologies Nymex Electricity BNEF Natural Gas

July Nymex natural gas (NGN24) on Tuesday closed down by -0.055 (-1.96%).  

July nat-gas prices Tuesday gave up an early advance and fell moderately after US weather forecasts turned cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning.   Maxar Technologies said  Tuesday that a cold front will move through the eastern part of the US from June 30 to July 4 before hotter weather returns at the end of the period.

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