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Rich Asplund

Nat-Gas Prices Erase Early Gains as US Weather Forecasts Cool

United States Nymex Vaisala Electricity Baker Hughes BNEF EIA Natural Gas

September Nymex natural gas (NGU25) on Thursday closed down -0.010 (-0.32%).

Sep nat-gas prices on Thursday fell from a 1-week high and settled slightly lower after US weather forecasts cooled, which will curb nat-gas demand from electricity providers to power air conditioning. Forecaster Vaisala said Thursday that the Global Forecast System weather model shifted cooler for the eastern half of the US for August 17-21.

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