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Barchart
Rich Asplund

Nat-Gas Prices Gain on Forecasts for Hot U.S. Temps Next Week

United States Nymex Electricity Natural Gas BNEF

September Nymex natural gas (NGU23) on Monday closed +0.025 (+0.90%).

Nat-gas prices Monday posted moderate gains.  Prices pushed higher on forecasts for hot temperatures to move in the central U.S. next week, which will boost nat-gas demand from electricity providers to power air conditioning.   Gains in nat-gas were limited on forecasts for cooler temperatures in the West next week and near-normal temperatures in the East.

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