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Rich Asplund

Nat-Gas Prices Fall us U.S. Weather Forecasts Turn Warmer

United States Commodity Weather Group Nymex BNEF Natural Gas

December Nymex natural gas (NGZ23) on Friday closed down -0.042 (-1.45%).

Nat-gas prices Friday fell to a 2-month nearest-futures low and closed moderately lower on the outlook for warmer U.S. temperatures to reduce heating demand for nat-gas.  The  Commodity Weather Group said most of the U.S. is seeing warmer forecasts for Nov 29-Dec 3, with a faster re-warming for the eastern half of the U.S. than previously expected.

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