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Barchart
Rich Asplund

Nat-Gas Prices Fall as Cooler Temps Forecast for the US

United States Commodity Weather Group BNEF Electricity Natural Gas EIA

July Nymex natural gas (NGN26) on Tuesday closed down -0.106 (-3.26%).

Nat-gas prices retreated on Tuesday amid forecasts for cooler US summer weather, which could potentially reduce nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Tuesday said forecasts shifted cooler with below-average temperatures expected in the mid-Atlantic region for June 23-27.

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