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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall as Mild U.S. Temps Curb Nat-Gas Demand

November Nymex natural gas (NGX23) on Wednesday closed -0.023 (-0.75%).

Nat-gas prices on Wednesday moved lower for the sixth consecutive session but remained above Tuesday's 1-1/2 week low.   Prices remain under pressure as warmer weather is expected in much of the eastern U.S. while weather in the western U.S. is cooler, cutting nat-gas demand for heating and air conditioning.  Maxar Technologies said the remnants of the West Pacific Typhoon Bolaven will keep temperatures cooler along the West Coast over the next two weeks and warmer in the eastern two-thirds of the U.S.

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