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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Give Up Early Gains on a Mixed Weather Outlook

June Nymex natural gas (NGM24) on Tuesday closed down -0.037 (-1.55%).

June nat-gas prices on Tuesday fell back from a 3-1/2 month nearest-futures high and posted moderate losses as a mixed weather outlook sparked long liquidation in nat-gas futures.  Maxar Technologies said Tuesday that forecasts shifted warmer for the eastern half of the US and Texas from May 19-23 but trended cooler in much of the western part of the country.

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