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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Fall on Warm Winter Temps and Ample U.S. Nat-Gas Supplies

April Nymex natural gas (NGJ24) on Friday closed -0.013 (-0.72%).

Nat-gas prices on Friday posted moderate losses and fell to a 1-1/2 week low.  Warm U.S. winter temperatures and ample nat-gas supplies are weighing on nat-gas prices.  Maxar Technologies said on Friday that weather forecasts have shifted warmer for much of the western and midwestern parts of the U.S. from March 18 to 22.   Current U.S. nat-gas stockpiles are abundant, with supplies +30.9% above the five-year average.

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