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Rich Asplund

Nat-Gas Prices Gain on Colder US Weather Forecasts

United States G2 Nymex Baker Hughes BNEF EIA Natural Gas

December Nymex natural gas (NGZ25) on Monday closed up +0.023 (+0.53%).

Dec nat-gas prices rallied to an 8-month nearest-futures high on Monday as forecasts for colder US temperatures could boost heating demand for nat-gas.  Forecaster G2 said Monday that forecasts shifted colder across most of the US, except for the Southeast, for November 15-19.  Also, forecasts trended colder over the middle of the country for November 20-24.  

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