
December Nymex natural gas (NGZ25) on Wednesday closed down -0.111 (-2.56%).
Dec nat-gas prices settled lower on Wednesday, due to ramped-up US nat-gas production and a mixed weather forecast. On Tuesday, US nat-gas production rose above 110 bcf/day, up 8.5% y/y and near a record high. Forecaster Atmospheric G2 said Wednesday that forecasts shifted colder for the East but shifted warmer for the central and western US for November 10-14. Also, forecasts trended warmer across the southern states for November 15-19, potentially reducing nat-gas heating demand.