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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Edge Higher on Warmer US Weather Forecasts

September Nymex natural gas (NGU26) closed up +0.006 (+0.22%) on Wednesday.

Nat-gas prices settled slightly higher on Wednesday amid forecasts for warmer US weather, potentially boosting nat-gas demand from electricity providers to power an expected increase in air conditioning use. The Commodity Weather Group said on Wednesday that forecasts shifted warmer, with above-average temperatures expected across the Western US through August 14.

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