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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall on Forecats for Continued Above-Normal U.S. Temps

December Nymex natural gas (NGZ23) on Tuesday closed down -0.036 (-1.25%).

Nat-gas prices Tuesday fell for the fourth consecutive session and posted a 7-week low.  Nat-gas prices have fallen on above-average autumn temperatures in the U.S. that have curbed heating demand for nat-gas.  Forecaster Maxar Technologies said above-normal temperatures are expected for the upper Midwest from Dec 1-5.  Losses in nat-gas prices were limited by expectations for colder temperatures in the southern part of the U.S. from Nov 26-30.

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