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Rich Asplund

Nat-Gas Prices Gain on Anticipation of Colder US Weather

United States Atmospheric G2 Nymex BNEF EIA Natural Gas

November Nymex natural gas (NGX25) on Tuesday closed up +0.036 (+1.10%).

Nov nat-gas prices rallied to a 2.25-month nearest-futures high on Tuesday and settled higher on the outlook for colder US weather next month to boost heating demand for nat-gas.  According to forecaster Atmospheric G2, forecasts have shifted cooler in the West for October 6-10, and a general cooler risk is expected across most of the US for later in the October 10-14 period.

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