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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall as U.S. Weather Forecasts Shift Cooler

Aug Nymex natural gas (NGQ23) on Wednesday closed -0.099 (-3.63%).

Nat-gas prices Wednesday retreated after updated weather forecasts called for cooler late-July temperatures in much of the central and eastern U.S., which would curb nat-gas demand from electricity providers to power air conditioning.  Forecaster Maxar Technologies said near-normal temperatures are expected in the eastern half of the U.S. from July 22-26, shifting cooler from the previous forecast.

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