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Barchart
Rich Asplund

Nat-Gas Prices Give Up Early Gains as US Forecasts Warm

United States EIA BNEF Natural Gas

November Nymex natural gas (NGX25) on Thursday closed down by -0.034 (-0.98%).

Nov nat-gas prices fell from a 2.5-month nearest-futures high on Thursday and settled lower.  Long liquidation weighed on nat-gas prices Thursday after updated US weather forecasts turned warmer for the middle of this month, potentially reducing heating demand for nat gas.  Forecaster Atmospheric G2 said Thursday that after a brief cool spell, temperatures are expected to rise above normal in the middle of the US for October 12-16.  

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