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Rich Asplund

Nat-Gas Prices Erase Early Gains on Warm US Weather

United States Nymex BNEF Natural Gas

November Nymex natural gas (NGX24) on Tuesday closed down by -0.001 (-0.04%).

Nov nat-gas prices Tuesday gave up an early advance and posted modest losses.  Gas prices came under pressure Tuesday after updated US weather forecasts called for above-normal temperatures across most of the US, which will curb heating demand for nat-gas.  Forecaster Atmospheric G2 said Tuesday that weather forecasts show much warmer-than-normal temperatures over the eastern two-thirds of the US for October 27-31.

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