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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall as Above-Normal U.S. Temps Reduce Heating Demand

December Nymex natural gas (NGZ23) on Wednesday closed down -0.034 (-1.08%).

Nat-gas prices Wednesday extended this week's sell-off to a 2-week low.  Warmer than normal U.S. temperatures are reducing heating demand for nat gas and are weighing on prices.  Forecaster Atmospheric G2 said above-average temperatures are seen expanding across the U.S., particularly the central U.S. from Nov 13-17.  

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