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Barchart
Rich Asplund

Nat-Gas Prices Give Up Early Gains on Forecasts for Cooler US Weather

United States Nymex Electricity BNEF EIA Natural Gas

Sep Nymex natural gas (NGU24) on Thursday closed down by -0.022 (-0.99%).

Sep nat-gas prices on Thursday fell back from a 3-1/2 week high and posted moderate losses on forecasts for cooler US temperatures, which will curb nat-gas demand from electricity providers to run air conditioning.  The Commodity Weather Group said Thursday that forecasts have shifted cooler for the eastern part of the US for August 20-24.

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